Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Diamond Export Levy Act, 2007 (Act No. 15 of 2007)Part IV : Producer and diamond beneficiator relief measures10. Exemption for diamond beneficiators |
Notwithstanding section 2(1), if during any assessment period a diamond beneficiator holds a permit to export pursuant to section 26(h) of the Diamonds Act covering that entire assessment period, that diamond beneficiator is exempt in respect of its unpolished diamonds under the cover of a bill of entry for export delivered during that assessment period to the extent those unpolished diamonds were previously offered but not sold at a diamond exchange and export centre.
