Archive · 9 Dec 2025
Diamond Imports Under DIA Scheme Exempted from Tax
The Indian government has announced that diamond imports under the Diamond Imprest Authorisation (DIA) scheme will not have to pay certain taxes.
This scheme, introduced in January 2025, allows companies to import cut and polished diamonds without paying duties.
The goal is to help Indian businesses sell more diamonds to other countries and make more money from them.
The government made this announcement through a official notice in December 2025.
Diamond imports under the DIA scheme are exempt from integrated tax and compensation cess.
The DIA scheme was introduced in January 2025 to boost exports and value addition.
The exemption was announced by the Directorate General of Foreign Trade (DGFT).
The scheme allows duty-free import of cut and polished diamonds up to a specified limit.
The notification was published on December 9, 2025.
- Who
- Government of India
- What
- Exemption of integrated tax and compensation cess for diamond imports under DIA scheme
- When
- Announced in January 2025, notification published on December 9, 2025
- Where
- India
- Why
- To boost exports and enhance value addition in the diamond industry
- Scheme
- Diamond Imprest Authorisation (DIA)
- Tax Exemption
- Integrated tax and compensation cess
- Purpose
- Boost exports and enhance value addition
- Announcement Date
- January 2025
- Notification Source
- Directorate General of Foreign Trade (DGFT)