E-commerce industry 2020 Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/e-commerce-industry-2020/ Latest Jewelry News From All Around The World Tue, 02 Jun 2020 09:27:50 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 India’s Diamond Industry Hit by 2% Online Sales Tax https://www.thejewelrymagazine.com/indias-diamond-industry-hit-by-2-online-sales-tax/ https://www.thejewelrymagazine.com/indias-diamond-industry-hit-by-2-online-sales-tax/#respond Tue, 02 Jun 2020 09:27:50 +0000 https://www.thejewelrymagazine.com/?p=15958

India’s diamond industry, already reeling from COVID-19, has been dealt another blow, with the introduction of a 2% online sales tax. The so-called Equalization Levy will be applied to all sales made by any foreign e-commerce operator – including suppliers of rough or polished diamonds – to any resident or business in India. The government […]

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Facebook announced on Tuesday it is launching Shops, a service that will allow businesses to display and sell products on its platforms. Mark Zuckerberg, Facebook’s CEO, is positioning Shops as a tool for small businesses, many of which have had to close their doors and move online due to the coronavirus pandemic. Facebook currently allows […]

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