The Directorate General of Foreign Trade (DGFT) on October 16, 2023, issued clarification regarding the subsequent re-import of unsold jewellery exported under Para 4.79 & 4.92 of Handbook of Procedure 2023.
The following has been stated: -
•Import policy of items under IFC (HS) Code 71131911, 71131919, and 71141910 has been amended from free to restricted category vide Notification No. 19/2023 dated July 12, 2023, 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 Handbook of procedure 2023.
•It is clarified that re-import of unsold jewellery exported for the purpose of exhibition abroad in terms of the above paras under ITC (HS) codes 71131911 & 71131919 may be allowed clearance by Customs Authorities without import license in compliance with applicable customs provisions.
The detailed circular is given in the document attached below.
[Policy Circular No. 05/2023-24]
