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GJEPC welcomes Vote-on-Account Budget which sows the seeds to achieve Viksit Bharat in Amrit Kal

Budget 2024: GJEPC suggests safe harbour for sale of rough diamonds in Special Notified Zones, ET Retail

Union Budget: The Gem & Jewellery Export Promotion Council (GJEPC) has suggested the introduction of a Safe Harbour Rule for the sale of rough diamonds in Special Notified Zones (SNZs), as well as the implementation of a Diamond Imprest License and a reduction in import duty on cut & polished diamonds. These measures would allow India to become a trading hub like Dubai and Belgium, enabling Indian diamond manufacturers to access trading hubs without traveling abroad.

diamond manufacturers: Budget 2024: GJEPC suggests safe harbour for sale of rough diamonds in Special Notified Zones

Union Budget: The Gem & Jewellery Export Promotion Council (GJEPC) has suggested the introduction of a Safe Harbour Rule for the sale of rough diamonds in Special Notified Zones (SNZs), as well as the implementation of a Diamond Imprest License and a reduction in import duty on cut & polished diamonds. These measures would allow India to become a trading hub like Dubai and Belgium, enabling Indian diamond manufacturers to access trading hubs without traveling abroad.

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