The commerce ministry today amended certain provisions related to duty exemption procedures to bring them in line with the Goods and Services Tax (GST) regime.
As per the amendments in Hand Book of Procedures (2015- 20), the directorate general of foreign trade (DGFT) said that at the time of exports of gems and jewellery parcel by post, the exporter will have to submit documents including shipping bills or tax invoice as per the GST rules.
Similarly, the exporter has to furnish the proof of exports, wherever required for shipments of gold, silver and platinum jewellery and its articles by furnishing documents such as customs attested tax invoice as prescribed under GST rules.
"In the case of studded jewelry, the calculation of the quantum of gold/silver/platinum metal shall be done excluding the weight of studding," it said in a public notice.
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