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Global Trade Alert

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India: Scheme introduced to allow duty-free import of diamonds to promote exports

Description

On 21 January 2025, the Indian Ministry of Commerce and Industry through Notification No 53/2024-25 introduced the "Diamond Impres Authorisation" scheme. The scheme allows the duty-free import of diam...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

01 Apr 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

sector-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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