Sunday, July 29, 2007

Procedure on export of rough Geuda


Procedure on export of rough Geuda from the export division at the head office of National Gem and Jewelry Authority:

Foreign Nationals: In the case of foreign nationals registration as well as export of Geuda are handled only at the geuda Testing Center, Ratnapura.

Sri Lankan Nationals: Sri Lankan nationals intending to export Geuda through National Gem and Jewelry Authority head office or Ratnapura Geuda Testing Center are required to adhere to the following procedure.

  1. Rough Geuda stones are to be examined and valued by two gemologists from NGJA and a Gemologist from Sri Lanka Customs prior to the preparation of the Export Invoice, based on such valuation.

  2. The exporter is required to furnish documentary proof of inward remittance equivalent to the value of intended export and received sole for such Geuda export subject to minimum value of US $5000/-. The bank certificate received at the time of conversion to local currency must be surrendered at the time of export. Commission to the authority should be paid in foreign currency. If the exporter intends to dispatch the geuda in several batches, remittance should be utilized in full within 45 days of the 1st export.

  3. Export of Geuda is allowed only on weekdays and all rules and regulations governing to the export of other gemstones are equally applicable for such export.

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