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USTR Proposed Action to Dampen G&J Exports; to affect Exports to the tune of US$50mln

News USTR Proposed Action to Dampen G&J Exports; to affect Exports to the tune of US$50mln GJEPC had recently organized an online discussion on 25% import duty proposed on gems and jewellery imports from India by the USA government. This meeting at the backdrop of USTR (Office of the United States Trade Representative) actions was suggested under Section 301. Indian G & J sector needs to come together and strongly recommend actions suitable to the growth of the this industry and ensure that export and import of G & J does not suffer By: Diamond World News Service | | Reference: 25529   India has adopted a Digital Sales Tax (2% equalisation levy) on revenue generated from a broad range  of  digital  services offered in India, including digital platform services, digital content

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