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Re-export of unsold rough diamonds from Special Notified Zone of Customs without Export Declaration Form (EDF) formality.

FEMA - 01 - Dated:- 2-7-2015 - RBI/2015-16/110 A.P. (DIR Series) Circular No.1 July 02, 2015 To All Authorised Dealers in Foreign Exchange Re-export of unsold rough diamonds from Special Notified Zone of Customs without Export Declaration Form (EDF) .....

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terms of which every exporter of goods/ software, to any place outside India, other than Nepal and Bhutan, is required to submit declaration in EDF /SOFTEX; ii) sub-regulation (g) of Regulation 4 of the Notification ibid, in terms of which exemption .....

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on manner of operation of the Special Notified Zone (SNZ) to enable and permit the trading of rough diamonds in India by the diamond mining companies as permitted in terms of A.P.(DIR Series) Circular No. 116 of April 01, 2014. 2. In order to facilit .....

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uire any EDF formality. 3. Entry of consignment containing different lots of rough diamonds into the SNZ should be accompanied by a declaration of notional value by way of an invoice and a packing list indicating the free cost nature of the consignme .....

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