July 15, 2022 8:51 AM

printer

Govt issues SOP for e-commerce exports of jewellery through courier

Finance Ministry has issued a simplified regulatory framework for e-commerce exports of jewellery through courier mode. The framework keeps in view the need for uniformity of action by Customs that brings certainty for the trade. It also addresses a unique requirement of the e-commerce Eco-system for re-import of rejects in certain cases to the prescribed extent.<br />'' <br />''The Ministry said, the Central Board of Indirect Taxes and Customs has issued the simplified regulatory framework in the form of a Standard Operating Procedure (SOP). The SOP details the handling, movement, and procedural aspects of exports, based on electronic declarations, through International Courier Terminals. The Ministry said, a period of one month has been provided for transition. The first phase begins with exports through Bengaluru, Delhi and Mumbai locations.

Most Read
View All arrow-right

No posts found.