The Ministry of Finance recently announced that the Central Board of Indirect Taxes and Customs (CBIC) has established a standard operating procedure (SOP) for e-commerce exports of jewellery through courier mode.
On June 30, the CBIC published a revised regulatory framework for the export of jewellery via e-commerce. The SOP outlines the handling, movement and procedural aspects for any such exports, associated with the electronic declarations, using International Courier Terminals, according to a statement released by the Ministry of Finance.