{"id":2326,"date":"2020-11-03T16:02:46","date_gmt":"2020-11-03T10:32:46","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=2326"},"modified":"2020-11-03T16:02:48","modified_gmt":"2020-11-03T10:32:48","slug":"trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/","title":{"rendered":"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In a major relief to the Indian diamond industry, the Central Board of Indirect Taxes And Customs, Ministry of Finance, Department of Revenue, Government of India, at the behest of the Gem &amp; Jewellery Export Promotion Council (GJEPC), announced an extension of three months on certified diamond re-imports in an official notification. <strong>The provision stated: \u201cProvided that for the cases where the last date of re-import falls between 1st February, 2020 and the 31st July, 2020, the last date stands extended by three months\u201d<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under normal circumstances, diamonds sent overseas for services like grading and certification do not attract any duty if they are re-imported within a period of three months. A 7.5% Customs duty is levied on the consignment if the re-import is delayed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Given the unprecedented circumstances due to the ongoing pandemic worldwide, the Council had been pursuing with Finance Ministry for an extension of three months for such re-import. The Finance Ministry was quick in deciding to extend the duty exemption period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Colin Shah, Chairman, GJEPC, said, \u201cI would like to thank the Government for this quick decision taken, which will help to mitigate the effects of Covid-19 on the industry. The Government has been supporting the industry during this crisis. The latest notification on the extension of three months on re-import of certified diamonds is a great respite for our exporters.\u201d<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Vipul Shah, Vice Chairman, GJEPC said, \u201cThe trade has been reeling under the impact of Covid-19 due to which exports to key destinations have been severely impacted. In this backdrop, the extension notification will give a much-needed relief to the traders. I express my gratitude to the Government for this timely support.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a major relief to the Indian diamond industry, the Central Board of Indirect Taxes And Customs, Ministry of Finance, Department of Revenue, Government of India, at the behest of the Gem &amp; Jewellery Export Promotion Council (GJEPC), announced an extension of three months on certified diamond re-imports in an official notification. The provision stated:&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2327,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-2326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"In a major relief to the Indian diamond industry, the Central Board of Indirect Taxes And Customs, Ministry of Finance, Department of Revenue, Government of India, at the behest of the Gem &amp; Jewellery Export Promotion Council (GJEPC), announced an extension of three months on certified diamond re-imports in an official notification. The provision stated:&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-03T10:32:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-03T10:32:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2020\/11\/841916831_trades.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"325\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GJEPC\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GJEPC\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/\"},\"author\":{\"name\":\"GJEPC\",\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/#\\\/schema\\\/person\\\/b614a6d604f6c36c387b4c876bb33d79\"},\"headline\":\"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months\",\"datePublished\":\"2020-11-03T10:32:46+00:00\",\"dateModified\":\"2020-11-03T10:32:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/\"},\"wordCount\":289,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/841916831_trades.jpg\",\"articleSection\":[\"BULLETIN\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/\",\"url\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/\",\"name\":\"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/841916831_trades.jpg\",\"datePublished\":\"2020-11-03T10:32:46+00:00\",\"dateModified\":\"2020-11-03T10:32:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/#\\\/schema\\\/person\\\/b614a6d604f6c36c387b4c876bb33d79\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/#primaryimage\",\"url\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/841916831_trades.jpg\",\"contentUrl\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/841916831_trades.jpg\",\"width\":500,\"height\":325,\"caption\":\"jewellery magazine\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/#website\",\"url\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/#\\\/schema\\\/person\\\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"},\"sameAs\":[\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/\"],\"url\":\"https:\\\/\\\/gjepc.org\\\/solitaire\\\/author\\\/dikshit\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/","og_locale":"en_US","og_type":"article","og_title":"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine","og_description":"In a major relief to the Indian diamond industry, the Central Board of Indirect Taxes And Customs, Ministry of Finance, Department of Revenue, Government of India, at the behest of the Gem &amp; Jewellery Export Promotion Council (GJEPC), announced an extension of three months on certified diamond re-imports in an official notification. The provision stated:&hellip;","og_url":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/","og_site_name":"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine","article_published_time":"2020-11-03T10:32:46+00:00","article_modified_time":"2020-11-03T10:32:48+00:00","og_image":[{"width":500,"height":325,"url":"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2020\/11\/841916831_trades.jpg","type":"image\/jpeg"}],"author":"GJEPC","twitter_card":"summary_large_image","twitter_misc":{"Written by":"GJEPC","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/#article","isPartOf":{"@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/"},"author":{"name":"GJEPC","@id":"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79"},"headline":"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months","datePublished":"2020-11-03T10:32:46+00:00","dateModified":"2020-11-03T10:32:48+00:00","mainEntityOfPage":{"@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/"},"wordCount":289,"commentCount":0,"image":{"@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/#primaryimage"},"thumbnailUrl":"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2020\/11\/841916831_trades.jpg","articleSection":["BULLETIN"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/","url":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/","name":"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine","isPartOf":{"@id":"https:\/\/gjepc.org\/solitaire\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/#primaryimage"},"image":{"@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/#primaryimage"},"thumbnailUrl":"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2020\/11\/841916831_trades.jpg","datePublished":"2020-11-03T10:32:46+00:00","dateModified":"2020-11-03T10:32:48+00:00","author":{"@id":"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79"},"breadcrumb":{"@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/#primaryimage","url":"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2020\/11\/841916831_trades.jpg","contentUrl":"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2020\/11\/841916831_trades.jpg","width":500,"height":325,"caption":"jewellery magazine"},{"@type":"BreadcrumbList","@id":"https:\/\/gjepc.org\/solitaire\/trade-heaves-a-sigh-of-relief-as-govt-extends-certified-diamond-re-import-period-by-3-months\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gjepc.org\/solitaire\/"},{"@type":"ListItem","position":2,"name":"Trade Heaves a Sigh of Relief As Govt. Extends Certified Diamond Re-import Period By 3 Months"}]},{"@type":"WebSite","@id":"https:\/\/gjepc.org\/solitaire\/#website","url":"https:\/\/gjepc.org\/solitaire\/","name":"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79","name":"GJEPC","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g","caption":"GJEPC"},"sameAs":["https:\/\/gjepc.org\/solitaire\/"],"url":"https:\/\/gjepc.org\/solitaire\/author\/dikshit\/"}]}},"_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/2326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=2326"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/2326\/revisions"}],"predecessor-version":[{"id":2328,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/2326\/revisions\/2328"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/2327"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=2326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=2326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=2326"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=2326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}