issued a crucial amendment in the Handbook of Procedures 2023. This alteration involves a change in the authorized laboratories responsible for the certification and grading of diamonds, as per the Public Notice No. 24 /2023 dated August 4, 2023.
The existing paragraph 4.73(15) listed Forevermark NV, Antwerp, Belgium as the authorized entity. However, the revised directive names the International Institute of Diamond Grading and Research (Belgium), NV as the new designated authority. This modification reflects the Indian government’s proactive efforts to ensure the integrity of the diamond grading process, with an internationally renowned institution now in charge.
The change comes as part of a broader move within the Directorate General of Foreign Trade’s strategy, underlined by the powers conferred under paragraphs 1.03 & 2.04 of the Foreign Trade Policy (FTP), 2023. It’s likely to have implications for the diamond trade industry in India and beyond, as the designated grading authority plays a vital role in establishing standards and assurance of quality.
Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Public Notice No. 24/2023-DGFT | Dated: 04th August, 2023
Subject:- Amendment in Para 4.73(15) of Handbook of Procedures, 2023-reg.
F. No. 01/94/180/258/AM21/PC-4- In exercise of the powers conferred under paragraph 1.03 & 2.04 of the Foreign Trade Policy (FTP), 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedure, 2023:
The existing para 4.73(15) of Handbook of Procedures, 2023 reads as under:
(15) Forevermark NV, Antwerp, Belgium
The amended para 4.73(15) of Handbook of Procedures, 2023 reads as under:
(15) International Institute of Diamond Grading and Research (Belgium), NV
Effect of this Public Notice:
Para 4.73(15) of Handbook of Procedures, 2023 stands amended to modify the name of authorized laboratories for certification / grading of diamonds.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-officio Additional Secretary to Government of India
E-mail: [email protected]
(Issued from File No. 01/94/180/258/AM21/PC-4)
