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Diamond merchants Surat India 2015
India Trade Lobbies for Lower Taxes
The Indian diamond industry has urged the government to cut taxes and lift red tape ahead of the country’s annual Union Budget, arguing that exports could double under the right conditions.The Gem...
Financial-Legal Nov 01, 2020 Rapaport News
Rough diamond
Indian E-Tax ‘Doesn’t Apply to Rough Sales’
Rough trading does not incur India’s new e-commerce tax, the country’s Gem and Jewellery Export Promotion Council (GJEPC) confirmed after meeting with finance minister Nirmala Sitharaman.India introduced the equalization levy...
Financial-Legal Aug 27, 2020 Rapaport News
India Cutters 150
India Creates Jewelry-Industry Task Force
India’s finance ministry has agreed to form a special group to help resolve issues affecting the country’s gem and jewelry industry.The task force will address various requests made by the trade, such as enabling direct...
Polished Markets Aug 20, 2020 Rapaport News
Polished diamond
India Trade Calls for Lower Import Tax
India’s diamond sector has asked the government to reduce import duties for polished, arguing that a lower rate would boost the country’s position as a trading hub.The Gem & Jewellery Export Promotion Council (GJEPC)...
Polished Markets Jul 08, 2020 Rapaport News
India GST
India Reduces Industry’s Tax Burden
The Indian government has lowered the rate of goods and services tax(GST) for certain diamond work in a move that will help buoy the struggling sector, the nation’s Gem & Jewellery Export Promotion...
Polished Markets Sep 23, 2019 Rapaport News
Jewelry Sales India
Trade Leaders to Gather at Mumbai Conference
India’s Gem & Jewellery Export PromotionCouncil (GJEPC) will host industry figures from across the world next weekat a conference to mark the organization’s 50th anniversary.Entitled “Mines to Market 2017,” the two-day InternationalDiamond Conference...
Polished Markets Mar 14, 2017 Rapaport News
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