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Corporate Laws Central Ministry of Corporate Affairs Foreign Trade (Development and Regulation) Act, 1992

DGFT amends Para 4.49 of FTP 2023 to expand eligibility for rough diamond trading in Special Notified Zones

09-Oct-2026 | Notification No. 42 /2026-27

DGFT has amended Para 4.49 of the Foreign Trade Policy 2023 to expand the categories of foreign entities permitted to import, auction, sell and re-export rough diamonds through Special Notified Zones. These activities may be undertaken on a consignment or outright basis within an SNZ administered by its operator under the supervision of Customs. The eligible entities now include foreign companies engaged in diamond mining, sightholders of such mining companies, and brokers, aggregators, tender and auction entities connected with the sale of rough diamonds, subject to the applicable conditions under Entry 13F of Schedule IV of the Income-tax Act, 2025. The procedures for importing, auctioning, selling and re-exporting unsold rough diamonds will continue to be governed by the instructions issued by the Central Board of Indirect Taxes and Customs from time to time.

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Recent Posts in Corporate Laws

Corporate Laws

CDSL issues communique regarding United Nations Security Council (UNSC) Committee with respect to removal of three entries

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Corporate Laws

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Corporate Laws

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Industry Specific-Education

Implement the revised curriculum, vocational education and optional subject requirements for class IX students progressing to class X

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Legal

Rajasthan Amends Legal Metrology Rules to Mandate High-Accuracy Weighing Instruments for Gold, Silver and Precious Metals

29-Oct-2026 | G.S.R.77

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Punjab Government Extends Exemption for Existing Industries in Non-Conforming Zones of Notified Master Plans

28-Oct-2026 | SEE(HQ-2)/F.No. 203/2026 24056-74

The Punjab Government has exempted existing industries operating in non-conforming zones of 24 notified Master Plans across the state from t

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Tripura Government Fixes Minimum Daily Base Wage Rate at ₹450

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The Government of Tripura, Labour Department, has fixed the minimum daily base wage rate at ₹450, effective from 1 April 2027. The rat

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