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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 a scheme to provide duty-free imports of diamonds that will be exported later. The export...

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Intervention Details

Intervention Type

Local value added incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Apr 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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