Ahmedabad: Dwindling gold jewellery exports have dented the business of several small-scale jewellery manufacturing units in Gujarat, as their order volumes declined. According to gems and jewellery export promotion council (GJEPC), gold jewellery export stood at $3,552 million for the
The coronavirus pandemic and the disruption in the supply chain dimmed the glitter of the world’s largest diamond cutting and polishing centre in Surat. However, Christmas has come as a silver lining for the diamond industry. According to the figures
The gems and jewellery industry in India are one of the largest in the world, contributing 20 percent to global jewellery consumption. The jewellery industry has never lacked lustre in the country with it being an inherent part of the
The recent announcement of the Central Board of Indirect Taxes and Customs, allowing export of jewellery using courier services, is all set to give a fillip to the gems and jewellery sector. Manoj Chakraborty In a big development, the Central
New Delhi, Gems and jewellery exporters have been permitted to send their goods across the globe to their buyers using the convenience of cost effective and reliable courier services. The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular clarifying that extant regulations do
Mumbai: After successful and accomplished IIJS Virtual and several Virtual Buyers-Seller Meets, which offered a much-needed opportunity for buyers and exhibitors to connect and transact business during this pandemic, GJEPC is all geared up to organise its first ever export-oriented
The suggestions of gems and jewellery industry related to duties and taxes are under consideration of the Finance Ministry, Commerce and Industry Minister Piyush Goyal said on Thursday.Gems and Jewellery Export Promotion Council Chairman Colin Shah has suggested cutting import duty on gold
With rapid thrust in the digitisation of the sector, the CII brought in delegates and industry leaders to connect with the government in its discussion over ways to make India a world leader in the global sector The CII Conference
The Central Board of Indirect Taxes and Customs (CBIC) issued the clarification on the export of Gems and Jewellery via Courier. The CBIC has received various representations from the Gems and Jewellery Export Promotion Council seeking clarification on whether gems
MUMBAI: Gold jewellery demand is expected to contract by 35 per cent in volume terms this fiscal, hit by the coronavirus pandemic and high prices, according to a report. The demand is likely to see a rebound in the second half of this financial
