Date: 2021-11-22Category: Not ApplicableState: Union GovernmentCountry: India
Amendment in policy conditions governing import and export in
rough diamonds falling under Chapter-71 of Schedule (I) of
ITC(HS) 2017 and Schedule(II) of ITC(HS) 2018– reg.
**Summary:**
This notification, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India, revises the import and export policy conditions for rough diamonds falling under Chapter 71 of Schedule I of ITCHS 2017 and Schedule II of ITCHS 2018. Effective November 22, 2021, import and export of rough diamonds are contingent upon registration with the Gems & Jewellery Export Promotion Council (GJEPC), the designated importing and exporting authority for the Kimberley Process Certification Scheme (KPCS) in India. Specifically, Policy Condition No. 05 is inserted under Chapter 71 of Schedule I Import Policy of ITC HS 2017, and Policy Condition No. 01 is inserted in Chapter 71 of Schedule I Export Policy of ITCHS 2018, both mandating GJEPC registration for importers and exporters, respectively. This amendment is issued in exercise of powers conferred by Section 3 read with Section 5 of the FTDR Act, 1992 and paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-20. The issuing authority is Amit Yadav, Director General of Foreign Trade and Ex-officio Additional Secretary to the Government of India. The notification was issued from File No. 01/89/180/36/AM-11/PC-2[A]/Part-II/E-1717.
Key Entities Referenced
FTDR Act, 1992: Foreign Trade (Development and Regulation) Act, 1992, which grants powers related to import and export policies.
Foreign Trade Policy, 2015-20: The prevailing Foreign Trade Policy during the period specified, which guides import and export regulations.
ITCHS 2017: Indian Trade Classification (Harmonized System) 2017, Schedule I, used for classifying imported goods.
ITCHS 2018: Indian Trade Classification (Harmonized System) 2018, Schedule II, used for classifying exported goods.
Gems Jewellery EPC: Gems and Jewellery Export Promotion Council, the designated importing and exporting authority of India for the Kimberley Process Certification Scheme.
Kimberley Process Certification Scheme KPCS: An international certification scheme that regulates trade in rough diamonds to prevent the flow of conflict diamonds.
Udyog Bhawan, New Delhi: Location of the Directorate General of Foreign Trade (DGFT) office in New Delhi, Delhi.
Amit Yadav: Director General of Foreign Trade and Ex-officio Additional Secretary to the Government of India.
To be published in the Gazette of India Extraordinary (Part-ll, Section-3, Sub-Section(ii)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi -110 011
Notification No. 43 _/2015-2020
New Delhi, Dated 22" November, 2021
Subject: Amendment in policy conditions governing import and export in rough
diamonds falling under Chapter-71 of Schedule (I) of ITC(HS) 2017 and
Schedule(Il) of ITC(HS) 2018-— reg.
In exercise of powers conferred by Section 3 read with Section 5 of the FT(D&R)
Act, 1992 and paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, as
amended from time to time, the Central Government hereby revises the policy
conditions governing import and export of rough diamonds falling under Chapter-71
of Schedule (I) of ITC(HS) 2017 and Schedule(II) of ITC(HS) 2018 as under -
2. Policy condition No.05 is inserted under chapter-71 of Schedule-| (Import Policy)
of ITC (HS) 2017, as under:
Import of rough diamonds shall not be permitted unless the concerned importer
is registered with Gems & Jewellery EPC, which is the designated importing and
exporting authority of India for Kimberley Process Certification Scheme (KPCS).
3: Further, a Policy Condition No.01 is inserted in the Chapter-71 of Schedule-l
(Export Policy) of ITC(HS) 2018, as under:
Export of rough diamonds shall not be permitted unless the concerned exporter
is registered with Gems & Jewellery EPC, which is the designated importing and
exporting authority of India for Kimberley Process Certification Scheme (KPCS).
Effect of this Notification: Import or export of rough diamonds shall not be permitted
unless the concerned importer and exporter is registered with G&JEPC.
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(Amit vadawy>- ‘
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Director General of dotiee Trade &
Ex-officio Additional Secretary to the Government of India
[Issued from File No. 01/89/180/36/AM-11/PC-2(A)/Part-lI/E-1717]