The Directorate General of Foreign Trade (DGFT) on March 30, 2026, issued Policy Support and Relaxation Measures for the Gem & Jewellery sector under Chapter 4 of FTP-2023.
The following provisos are added at the end of Paragraphs 4.74(c), 4.76(c), 4.79 (c) (i) (a), 4.81(b), 4.82(b) and 4.83(c) of the Handbook of Procedures, 2023:
• Para 4.7a (a) of HBP, 2023
"However, as a one-time relaxation, in cases where the re-export period is expiring on or between 01.03.2026 and 3l .05.2026, such re-export period shall stand automatically extended by 30 days from the date of its expiry."
• Paras 4.76(c),4.81 (b), 4.82 (b) and 4.83 (c) of HBP,2023
"However, as a one-time relaxation, in cases where the export period is expiring on or between 01 .03 .2026 and 3 I .05 .2026, such export period shall stand automatically extended by 3 0 days from the date of its expiry."
• Para a.79 (c) (i) (a) of H8P,2023
"However, as a one-time relaxation, in cases where the re-import period is expiring on or between 01.03.2026 and 31.05.2026, such re-import period shall stand automatically extended by 30 days from the date of its expiry."
Facilitative provisions for the Gems and Jewellery sector under Chapter 4 of HBP-2023 have been incorporated in response to recent geopolitical developments in West Asia, and the export/import (as applicable) period for specific categories is being extended by 30 days without any requirement for fees or an application.
[Public Notice No. 54/2025-26]
