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Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds

     business reporter  ahead of the union budget, the gem and jewellery export promotion council (gjepc) have urged the government to reduce import duty on gold and cut and polished diamonds to help the sector stay comp ....

Foreign Mining Companies , Jewellery Export Promotion Council , Union Budget , Diamond Imprest Licence , Special Notified Zones , Safe Harbour Rule , Free Trade Warehousing Zone , Jewellery Sector ,

Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds

Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

Sri Lanka , Republic Of , United Arab Emirates , Vipul Shah , Jewellery Export Promotion Council , Union Budget , Foreign Mining Companies , Diamond Imprest Licence , Special Notified Zones , Safe Harbour Rule , Free Trade Warehousing Zone , Taxes Refund , Electronic Data Interchange , Import Duty , Diamond Imprest License ,

Budget 2024: Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds

GJEPC urges govt to reduce import duty on gold and diamonds ahead of Union Budget. They seek a reduction in import duty on precious metals to 4% and on cut & polished diamonds to 2.5%. GJEPC also demands the reintroduction of the Diamond Imprest Licence and the sale of rough diamonds in Special Notified Zones (SNZs), and expansion of SNZs to include globally recognized diamond broking and trading houses. Furthermore, they recommend the introduction of a mechanism similar to GST refund to maximize benefits from the India-UAE CEPA. ....

United Arab Emirates , Sri Lanka , Republic Of , Vipul Shah , Foreign Mining Companies , Jewellery Export Promotion Council , Union Budget , Diamond Imprest Licence , Special Notified Zones , Safe Harbour Rule , Free Trade Warehousing Zone , Electronic Data Interchange , Import Duty , Diamond Imprest License , Gem Amp Jewellery , Polished Diamonds , Duty Cuts , Budget 2024 ,