Diamond Imports Tax Exemption Under DIA Scheme
x
Govt exempts diamond imports under DIA scheme from integrated tax & compensation cess. Scheme boosts exports & value addition.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Dec 9 (PTI) The government on Tuesday said imports under the Diamond Imprest Authorisation (DIA) scheme are exempted from payment of the integrated tax and compensation cess.
The government in January introduced this scheme, which allows duty-free import of cut and polished diamonds up to a specified limit, to boost exports and enhance value addition.
"The import under DIA shall also be exempted from payment of the integrated tax and compensation cess," the Directorate General of Foreign Trade (DGFT) said in a notification.
The government in January introduced this scheme, which allows duty-free import of cut and polished diamonds up to a specified limit, to boost exports and enhance value addition.
"The import under DIA shall also be exempted from payment of the integrated tax and compensation cess," the Directorate General of Foreign Trade (DGFT) said in a notification.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Alstone-Textiles
- 0.31 (+ 3.33)
- 100619449
- Vodafone-Idea-L
- 10.73 (+ 4.28)
- 72234499
- Mehai-Technology
- 1.83 (+ 3.98)
- 38004435
- Spicejet-Ltd
- 34.31 (+ 5.57)
- 36230618
- Murae-Organisor
- 0.28 (+ 3.70)
- 34430827
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback