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[TO BE PUBLISHED IN PART II, SECTION 3, SUB -SECTION (i) OF THE GAZETTE OF INDIA ,
EXTRAORDINARY ]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 07/2017 - Customs
New Delhi, the 1
st March, 2017
G.S.R.---- (E)- In exercise of the powers conferred by sub-section (1) of section 25 of
the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is
necessary in the public interest so to do, hereby makes the following further amendments
in the notification of the Government of India in the Ministry of Finance (Department of
Revenue) No. 9/2012- Customs, dated the 9th March, 2012, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 129 (E), dated
the 9th March, 2012, namely:-
In the said notification, -
(a) after the proviso to condition (v), the following paragraph shall be inserted, namely:-
"2. Notwithstanding anything contained herein above, the exemption contained in this
notification shall also be applicable, if the exportation and re-importation of cut and
polished diamonds as stated above are undertaken by the authorised offices or agencies
in India of the laboratories mentioned under paragraph 4.74 of Handbook of Procedures
2015-2020 on behalf of the exporters subject to the fulfillment of conditions (ii),(iii),(iv)
and(v) specified herein above and in the Foreign Trade Policy and Handbook of
Procedures. ";

(b) for the Explanation, the following Explanation shall be substituted, namely,
“Explanation. - For the purposes of this notification, “Foreign Trade Policy” means the
Foreign Trade Policy, 2015-2020, published by the Government of India in the Ministry
of Commerce and Industry, vide notification No. 01/2015-2020, dated the 1
st April,
2015, as amended from time to time.”.
F. No. DGEP/G&J/04/2017

(Dharmvir Sharma)
Under Secretary to the Government of India


Note. – The principal notification No. 9/2012- Customs, dated the 9th March, 2012, was
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide
number G.S.R. 129 (E), dated the 9th March, 2012 and was last amended by notification No.
16/2014-Customs, dated 11th July, 2014, published in the Gazette of India, Extraordinary,
Part II, Section 3, Sub-Section (i) vide number G.S.R. 463 (E), dated the 11th July, 2014.
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