customs notification
customs notification

CBIC Update on Courier Exports for Gems and Jewellery

What changed

CBIC issued Circular No. 52/2020-Customs, focusing on exports of gems and jewellery through courier mode. The circular outlines updated procedures and guidelines for handling these specific exports, aiming to streamline processes and ensure compliance.

Why it matters for shipments

The circular impacts exporters dealing with gems and jewellery, particularly those using courier services for international shipments. It may involve changes in documentation or filing requirements, affecting how these goods are processed at customs. Clients in the gems and jewellery sector should review the circular to understand the potential implications on their export operations.

What to do next

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