Centre allows duty-free import of cut and polished diamonds
The government has now allowed duty-free import of cut and polished diamonds up to a specified limit to boost exports and enhance value addition through the Diamond Imprest Authorisation scheme.
The Economist4d
Don’t propose with a diamond
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...
Webindia 12319d
Commerce Ministry introduces diamond imprest authorization scheme to boost global competitiveness of diamond sector
Among the key features, this scheme allows the duty-free import of Natural Cut and Polished Diamonds, of less than 1/4 Carat (25 Cents). This scheme mandates export obligation with a value ...
Mint19d
Govt launches Diamond Imprest scheme to boost exports protect domestic industry
New Delhi: In a move aimed at maintaining India’s leadership in the global diamond industry, the Department of Commerce announced the Diamond Imprest Authorization (DIA) Scheme on Tuesday.
Reuters12d
De Beers sees India as a bright spot, notes early recovery signs in US
NEW DELHI, Jan 29 (Reuters) - India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the U.S. and China, Amit Pratihari, managing ...
gulftoday20d
India to allow duty-free import of diamonds for re-export from April 1
India is to allow duty-free import of natural cut and polished diamonds of less than quarter carat from 1st April 2025. The Ministry of Commerce and Industry here announced the new Diamond Imprest ...
Reuters25d
Neha Arora
India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the U.S. and China, Amit Pratihari, managing director, De Beers India told ...