General Trade Licence for sanctioned Russian diamonds processed in third countries
The General Trade Licence for sanctioned Russian diamonds processed in third countries permits certain activities prohibited under the Russia (Sanctions) (EU Exit) Regulations 2019.
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The General Trade Licence for sanctioned Russian diamonds processed in third countries permits the import into the UK of certain prohibited goods that:
- were outside of Russia on 1 March 2024 and were larger or equal to 1 carat in weight and have remained outside of Russia since that date
- were outside of Russia on 1 September 2024 and were smaller than 1 carat but larger or equal to 0.5 carats in weight and have remained outside of Russia since that date
Alongside the import of these goods, the licence permits the provision of certain services and actions related to their import. It may also be used in cases where a trader is unaware of a good’s origin, such that their goods are potentially prohibited. The licence has a record-keeping requirement with the category above being subject to further conditions.
The licence number for this licence is GBSAN0002.
See Statutory guidance: Russia sanctions and Notice to Importers 2953: Russia Import Sanctions.
See also Trade Tariff: look up commodity codes, duty and VAT rates.
Updates to this page
Last updated 1 September 2024 + show all updates
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General Trade Licence for processed diamonds updated to reflect changes in legislation.
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First published.