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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. ....

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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. ....

United Arab Emirates , Republic Of , Sri Lanka , Vipul Shah , Foreign Mining Companies , Gem Jewellery Export Promotion Council , Jewellery Export Promotion Council , Special Notified Zones , Diamond Imprest License , Safe Harbour Rule , Equalisation Levy , Indian Manufacturers , Diamond Imprest Licence , Foreign Trade , Coloured Gemstones , Gold Bar , Silver Bars , Platinum Bars , Diamond Manufacturers , Rough Diamonds , Trading Hub , Union Budget , Budget 2024 , Interim Budget , Gem Amp Jewellery Export Promotion Council , Import Duty ,