A landmark budget for the gem & jewellery industry The Finance Minister Nirmala Sitharaman has announced a slew of measures to boost Gem & Jewellery exports by cutting import duty on precious metals such as gold, silver and platinum By: Diamond World News Service | | Reference: 25393 (L-R) Mansukh Kothari, Convener, Events; Ashok Gajera, Reggional Chairman, Western Region, GJEPC; Colin Shah, Chairman; Vipul Shah, Vice Chairman; Sabyasachi Ray, ED, GJEPC GJEPC welcomes Hon’ble Finance Minister Nirmala Sitharaman’s visionary budget; reduction on customs duty on raw materials like gold, silver and platinum to boost jewellery exports. The Finance Minister Nirmala Sitharaman has announced a slew of measures to boost Gem & Jewellery exports by cutting import duty on precious metals such as gold, silver and platinum.