DGFT clarifies Re-Import Rules for Unsold Jewellery Exported for Exhibitions under Para 4.79 & 4.92 of the HBP, 2023

By: Admin
June 13, 2024
Categories: DGFT|Notification And Circular
4 Min Read

The DGFT vide Policy Circular No. 05/2024-25 dated June 13, 2024 issued clarification regarding subsequent re-import of unsold jewellery, exported under Para 4.79 & 4.92 of the Handbook of procedure, 2023.

Import Policy of items under ITC (HS) Codes 71131912, 71131913, 71131914, 71131915 and 71131960 has been amended from “Free” to “Restricted” category vide Notification no. 17/2024-25 dated 11.06.2024. Subsequently, this directorate has received representations from trade and industry seeking clarification regarding applicability of above import restriction on subsequent re-import of items exported under para 4.79 & 4.92 of the Handbook of procedures, 2023.

It is clarified that re-import of unsold jewellery exported for the purpose of exhibition abroad in terms of above paras under ITC (HS) codes 71131912, 71131913, 71131914 and 71131915 may be allowed clearance by custom authorities without import licenses in compliance with applicable customs provisions.

The Circular can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/Policy_circular.pdf