Feds Update Burma Jade Law

— JCK-Jewelers Circular Keystone, 1/26/2009 9:59:00 AM

U.S. Customs and Border Protection issued updated regulations Jan. 16 addressing “conditions for importation” of Burmese and Non-Burmese rubies and jadeite in order to implement the relevant portion of the legislation, as part of the Tom Lantos Block Burmese JADE Act of 2008, the Jewelers Vigilance Committee said.

The Act specifies that all rubies and jadeite originally from Burma (also known as Myanmar) or jewelry containing these gemstones cannot enter this country even if they had been substantially transformed elsewhere. Exceptions apply only to Burmese rubies and jadeite that were present in the U.S. prior to Sept. 27, 2008, and items imported for personal use.

The Burma Task Force, JVC, the American Gem Trade Association, and Jewelers of America, has released guidance on the steps importers and exporters must follow to import non-Burmese rubies and jadeite. It includes:

* Importer Obligations – Under the new regulations, importers continue to be required to certify that their rubies and jadeite were not mined or extracted from Burma. The importer certification is created through the use of new Harmonized Tariff Codes. continue http://www.jckonline.com/article/CA6632194.html

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