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India Trade Lobbies for Lower Taxes
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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...
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Financial-Legal
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Nov 01, 2020
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Rapaport News
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Indian E-Tax ‘Doesn’t Apply to Rough Sales’
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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...
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Financial-Legal
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Aug 27, 2020
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Rapaport News
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India Creates Jewelry-Industry Task Force
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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...
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Polished Markets
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Aug 20, 2020
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Rapaport News
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India Trade Calls for Lower Import Tax
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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)...
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Polished Markets
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Jul 08, 2020
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Rapaport News
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India Reduces Industry’s Tax Burden
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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...
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Polished Markets
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Sep 23, 2019
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Rapaport News
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Trade Leaders to Gather at Mumbai Conference
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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...
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Polished Markets
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Mar 14, 2017
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Rapaport News
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