5 million people work in the G&J industry that is worth $40 billion and contributes around 7 per cent to our nation’s GDP The GJEPC has recommended import duty on Cut and Polished Diamonds and Gemstones from 7.5 per cent to 2.5 per cent. 10 per cent decline has been witnessed in export of diamond […]

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The industry is also seeking to waive off the bank commission or reduce it to 0.20 percent, to boost digital transactions in the industry. On the onset of the Union Budget for 2019-20, the gems and jewellery sector has unanimously sought the reduction of gold import duty to 4 percent to check to smuggle in […]

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