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Date: 23-Oct-2024 Category: Extra Ordinary State: Union Government Country: India

Now, therefore, in exercise of the powers conferred by section 28A of the Customs Act, 1962 (52 of 1962), the Central Government, hereby directs that

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This notification from the Ministry of Finance, Department of Revenue, dated October 23, 2024, addresses the duty-free import of rough diamonds (industrial or non-industrial) and simply sawn diamonds into India.
  • It clarifies the retrospective application of customs duty on such imports between July 1, 2017, and February 1, 2022.

Key Changes

  • Notification No. 50/2017-Customs (June 30, 2017) initially allowed duty-free import of 'Rough diamonds (industrial or non-industrial)' under Chapter 71.
  • Notification No. 02/2022-Customs (February 1, 2022) amended this, adding duty-free import of 'Simply Sawn Diamonds' (Tariff Items 7102 21, 7102 3100) subject to Kimberly Process Certification Scheme (KPCS) certification.
  • This new notification (No. 70/2024-Customs) states that despite a prevalent practice of not levying customs duty between July 1, 2017, and February 1, 2022, the full customs duty as per the First Schedule of the Customs Tariff Act, 1975, is technically applicable. However, it directs that this duty will not be retrospectively collected.

Impact Analysis

Impact on Importers

  • Action Item: Importers should retain records of their imports during the relevant period to demonstrate compliance with the KPCS requirements (if applicable).

Impact on Government Revenue

  • Action Item: The government may wish to review its customs procedures to prevent similar situations from arising in the future.

Impact on Customs Authorities

  • Action Item: Customs authorities should update their internal guidelines to reflect this clarification and ensure consistent application of customs laws going forward.

Key Entities Referenced

Ministry of Finance, Department of Revenue: The issuing authority of the notification. Notification No. 50/2017-Customs: The original notification allowing duty-free import of rough diamonds. Notification No. 02/2022-Customs: The amendment to Notification No. 50/2017-Customs, including simply sawn diamonds. Customs Tariff Act, 1975 (51 of 1975): The Act under which customs duties are levied. Customs Act, 1962 (52 of 1962): The Act that grants the power to issue the notification. Kimberly Process Certification Scheme (KPCS): The certification scheme under which simply sawn diamonds are allowed duty-free import.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-23102024-258189 CG-DxLx-xEG-I2D3H1x0x2x0 24-258189 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 605] नई दिल्ली, बुधिार, अक्त बू र 23, 2024/कार्तकि 1, 1946 No. 605] NEW DELHI, WEDNESDAY, OCTOBER 23, 2024/KARTIKA 1, 1946 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अधिसचू ना नई दिल् ली, 23 अक् तूबर, 2024 स.ं 70/2024-सीमा िल्ु क (ग.ैटे.) सा.का.जन. 663(अ).—िबदक भारत सरकार, जित्त मंत्रालय, रािस्ट्ि जिभाग (जिसे इसके बाि उक्त अजधसूचना कहा गया ह)ै की अजधसूचना सं. 50/2017-सीमा िुल्क, दिनांक 30 िून, 2017 ने उक्त अजधसूचना की क्रम संख्या 345 में यथा जिजनर्ििष्ट अध्याय 71 के अंतगित आने िाले "अपररष्कृत हीरे (औद्योजगक या गैर-औद्योजगक)" जििरण के माल के िुल्क मुक्त आयात की अनुमजत िी ह;ै और िबदक, उक्त अजधसूचना को अजधसूचना संख्या 02/2022-सीमा िुल्क, दिनांक 1 फरिरी, 2022 द्वारा संिोजधत दकया गया था, जिसमें उप-िीर्िक या टैररफ मि "7102 21, 7102 3100" (इसमें इसके बाि उक्त माल के रूप म ें संिर्भित।) के अंतगित आने िाले जििरण "ससंपली सॉन डायमंड्स" के माल को िति संख्या 110 के अधीन, क्रम संख्या (क्र.सं.) 345क, दक " यदि आयातकत्ताि सीमा िुल्क उपायुक्त या सीमा िुल्क के सहायक आयुक्त के समक्ष प्रस्ट्तुत करता ह,ै िैसा भी मामला हो, दकम्बली प्रोसेस सर्टिदफकेिन स्ट्कीम (केपीसीएस) के तहत िारी एक प्रमाण-पत्र यह प्रमाजणत करते 6919 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] हुए दक आयाजतत सामान हीरे ह,ैं इसमें केिल कटाई के आगे कोई काम नहीं दकया गया ह"ै , को अंतःस्ट्थाजपत करके 2 फरिरी, 2022 स े िुल्क मुक्त आयात की अनुमजत िी गई थी; और िबदक, केंद्र सरकार इस बात स ेसंतुष्ट ह ैदक 1 िुलाई, 2017 स े1 फरिरी, 2022 की अिजध के िौरान भारत म ें आयात दकए गए उक्त सामानों पर अजधसूचना सं. 50/2017 सीमा िुल्क, दिनांक 30 िून 2017 के साथ परित सीमा िुल्क टैररफ अजधजनयम, 1975 (1975 का 51) की पहली अनुसूची के अंतगित लगाए िाने िाले सीमा िुल्क के गैर-उद्ग्रहण के संबंध म ें आमतौर पर एक प्रथा प्रचजलत थी; अतः अब, सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 28क द्वारा प्रित्त िजक्तयों का प्रयोग करते हुए, केंद्र सरकार, एतद्द्वारा, जनिेि िेती ह ैदक सीमा िुल्क टैररफ अजधजनयम, 1975 (1975 का 51) की पहली अनुसूची के अंतगित लगाए िाने िाले सीमा िुल्क का पूरा िुल्क, उक्त अजधसूचना के साथ परित, तो उक्त माल के आयात पर िये , यदि कोई हो, 1 िुलाई, 2017 स े 1 फरिरी, 2022 की अिजध के िौरान, लेदकन उक्त प्रथा के जलए, उक्त माल के आयात के संबंध में भुगतान करने की आिश्यकता नहीं होगी। [फा. स.ं 450/269/2022-सीमा िुल्क IV] संिीत कुमार, अिर सजचि MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 23rd October, 2024 No. 70/2024–Customs (N.T) G.S.R. 663(E).—Whereas, the notification no. 50/2017-Customs, dated the 30th June, 2017 of the Government of India, Ministry of Finance, Department of Revenue (hereinafter referred to as the said notification) allowed duty free import of goods of the description “Rough diamonds (industrial or non-industrial)” falling within Chapter 71 as specified against serial number (S.No.) 345 of the said notification; And whereas, the said notification was amended by notification no. 02/2022-Customs, dated the 1st February, 2022, allowing duty free import of goods of the description “Simply Sawn Diamonds” falling under the sub-heading or tariff Item “7102 21, 7102 3100” (hereinafter referred to as the said goods) by inserting serial number (S.No.) 345A, subject to condition number 110 that “If, the importer produces before the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, a certificate issued under Kimberly Process Certification Scheme (KPCS) certifying that the imported goods are diamonds, not further worked than simply sawn”, with effect from 2nd February, 2022; And whereas, the Central Government is satisfied that a practice was generally prevalent regarding non-levy of duty of customs leviable under the First Schedule of the Customs Tariff Act, 1975 (51 of 1975), read with the notification no. 50/2017-Customs, dated the 30th June, 2017, as amended, on the said goods imported into India during the period from 1st July, 2017 to 1st February, 2022; Now, therefore, in exercise of the powers conferred by section 28A of the Customs Act, 1962 (52 of 1962), the Central Government, hereby directs that the whole of the duty of customs leviable under the First Schedule of the Customs Tariff Act, 1975 (51 of 1975) read with the said notification, if any payable on the import of the said goods, during the period from 1st July, 2017 to 1st February, 2022, but for the said practice, shall not be required to be paid in respect of import of the said goods. [F. No. 450/269/2022-CusIV] SANJEET KUMAR, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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