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DGFT Notification 32/2026-27 · 2026-08-21
Diamond imports exemption removes Compensation Cess requirement
The government has amended Para 4.63 of FTP-2023 to remove the exemption from Compensation Cess (sub-section 9) for diamond imports under Diamond Imprest Authorisation. Compensation Cess was discontinued effective 01.02.2026, so this is a technical correction. Imports remain exempt from Basic Customs Duty, Additional Customs Duty, Education Cess, Anti-dumping Duty, Countervailing Duty, Safeguard Duty, and Transition Product Specific Safeguard Duty.
Action: No action needed; this is a technical amendment reflecting the discontinuation of Compensation Cess effective 01.02.2026.
Who is affected: Diamond importers operating under Diamond Imprest Authorisation (HS Chapter 71).
Deadline: 2026-02-01
HS codes: 71
हिंदी: हीरे के आयात से क्षतिपूरक शुल्क छूट हटाई गई
Original title: Amendment to Para 4.63 of FTP 2023
Official document
Deadline: 2026-02-01
HS codes: 71
हिंदी: हीरे के आयात से क्षतिपूरक शुल्क छूट हटाई गई
Original title: Amendment to Para 4.63 of FTP 2023
Official document