iijw-logo

India International Jewellery Week to be held from July 24-27 , 2017

The Gem & Jewellery Export Promotion Council (GJEPC) has announced that it will be holding the seventh edition of the India International Jewellery Week (IIJW) from July 24 to July 27, 2017. The GJEPC has...
gjepc logo

2nd India SAARC-Middle East Buyer Seller Meet (BSM) 2017 at Delhi from May 14-16

Thirty eight Indian jewellery manufacturers will interact with 70 international visitors from the SAARC and Middle East regions at the 2nd India SAARC-Middle East Buyer Seller Meet (BSM) 2017 which is being held in...

Walk the Line: Tiered Drop Earrings

In the continuing discussion of statement pieces, here’s another style to take stock of—the drop earring. Not just any drop earring, really. This one features tiers—sometimes graduated, sometimes not—dangling in a straight, swinging line....
GJEPC representatives recently made a presentation on issues related to the G&J trade between India and ASEAN countries before a Department Related Parliamentary Standing Committee on Commerce, putting forward recommendations on tariffs and other related matters. After giving an overview of the growth of the Indian industry and its contribution to the country’s export basket as well as a snapshot of India’s trade in the sector with Singapore, Malaysia, Indonesia and Vietnam, the GJEPC representatives put forward the industry viewpoint. They stressed that India was supplying cut and polished diamonds to jewellery manufacturers in the region and hence during Indo-ASEAN CECA negotiations, granting of tariff concession should only be on Cut and Polished Diamonds (ITC HS Code – 710229, 710239) which will benefit the country in the long run. Further, they pointed out that the proposed Value Addition under CECA should be reduced from 35% to 10% of the FOB value of the export of diamonds from India as these diamonds are used as a raw material in the manufacture of studded jewellery. GJEPC said that strict compliance of achieving the prescribed Value Addition should be ensured at the ports while any import is taking place. The Council also emphasised that any tariff rebate on imports of plain and studded precious metal jewellery could be hazardous for the entire Indian jewellery segment as it could lead to flooding of precious metal plain jewellery from Indonesia and Malaysia. It recommended that the CVD on jewellery imports should not be brought down. The Council was represented at the meeting by Dr. Jitarani Udgata and Sudhir Patil.

GJEPC Makes Presentation on Indo-ASEAN G&J Sector to Parliamentary Committe

GJEPC representatives recently made a presentation on issues related to the G&J trade between India and ASEAN countries before a Department Related Parliamentary Standing Committee on Commerce, putting forward recommendations on tariffs and other...

Drop Earrings and Diamonds Delight at 2016 Emmys

Our favorite looks from the red carpet The 68th Primetime Emmy Awards on Sept. 18 were a showcase of television’s best talent—and of designers’ best jewels. This year, dresses were bright and diamonds were white....
GJEPC Chairman

GJEPC Calls for Multi-Stakeholder Cooordination on R&D for Detection of Synthetic Diamonds.

The Gem & Jewellery Export Promotion Council (GJEPC) has called upon all industry stakeholders to develop a co-ordinated approach against the undisclosed mixing of synthetic diamonds with natural diamonds. This will ensure fair trade...

Related articles

Kalyan Jewellers Posts Strong FY26 Performance with 43% Revenue Growth

Kalyan Jewellers Posts Strong FY26 Performance with 43% Revenue Growth

Kalyan Jewellers reported a robust financial performance for FY26, with consolidated revenue rising 43% year-on-year to Rs. 35,743 crore compared to Rs. 25,045 crore...
Christie's to Auction Largest Fancy Blue Diamond Ever Offered

Christie’s to Auction Largest Fancy Blue Diamond Ever Offered

Christie's has announced the sale of the largest fancy blue diamond ever to appear at auction, further strengthening interest in rare colored diamonds among...
Birks Group Faces Regulatory Penalty Over Compliance Lapses

Birks Group Faces Regulatory Penalty Over Compliance Lapses

Canadian jewellery retailer Birks Group has been fined more than CAD 50,000 by Canadian authorities following compliance shortcomings related to anti-money laundering and anti-terrorist...
- Advertisement -
The Jewelry Central
TJM Advertise Here
X