The gems and jewellery industry has heaved a sigh of relief, as the finance ministry has announced no IGST will be levied on gem and jewellery carried outside of the country for exhibition purpose. Till now, gem & jewellery which
Surat: Export of cut and polished diamonds has witnessed a sharp fall of 20% in June following weak demand in international market. According to data published by Gems and Jewellery Export Promotion Council (GJEPC), the export of cut and polished
Kolkata: Gems and jewellery exports are likely to decline 10-15 per cent year on year in this financial year owing to choppy global economies, high import duty on gold and diamonds, and liquidity crunch in the sector, said industry executives.
A delegation from India’s gem and jewellery export promotion arm, GJEPC, is visiting London this week to host a dinner to develop business ties with the UK trade and introduce the Mumbai IIJS Premiere trade show. India International Jewellery Show
Mumbai, July 5, 2019: The Gem & Jewellery Export Promotion Council (GJEPC) has sought rollback and further reduction in import duty on Gold and precious metals, which has been increased to 12.5% as announced by Hon. Union Finance Minister Smt. Nirmala
The Union Budget 2019 has hiked import duty on gold and other precious metals that are imported to 12.5%, from current level of 10%. The decision came at a time when the domestic jewellery industry and commerce industry were demanding
GJEPC is seeking a package from the Government to revamp the entire gem and jewellery sector in lines with what has been given by the Government to other employment intrinsic sectors like leather and textile. This is crucial and instrumental
Kolkata: The fresh round of withdrawal of the Generalised System of Preference (GSP) by the United States will affect $86.54 million in gem and jewellery exports from India. This will take the aggregate impact of the withdrawal of GSP on
Mumbai, 17 June 2019: The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 is an annual mid-year event of KPCS, which unites administrations, civil societies and diamond industry in reducing the flow of conflict diamonds used to finance wars against governments
Gross exports of gems and jewellery declined sharply by 12.85 per cent to $3.17 billion in May 2019 from $3.64 billiion a year ago. This is one of the sharpest falls, and it comes at a time when the industry
