The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 09/2022-Customs, which introduces a simplified regulatory framework for the export of jewellery through e-commerce platforms using courier mode. This move aims to streamline the process and make it more efficient for exporters dealing in jewellery.
This change is significant for those in the jewellery export business, particularly those using e-commerce platforms. The simplified framework is expected to reduce the complexity and time involved in the export process. However, the specific details of how this will affect filing and documentation need to be verified against the official notice. Exporters should be aware that this change could impact their current shipping practices.
1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice