The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular clarifying that extant regulations do not restrict exports of gems and jewellery through the courier mode and such restrictions only apply to imports. This would mean that gems and jewellery exports could be done through courier services following all other regulations in […]

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The GJEPC representation, led by Colin Shah, Chairman, GJEPC, met Finance Minister Smt. Nirmala Sitharaman on 26th August, in New Delhi, to raise concerns and implications arising on the diamond segment due to expansion of Scope of Equalisation Levy (EL). In a relief to the industry, the Finance Minister clarified that the e-trade of rough […]

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The MSME Ministry of Government of India, in collaboration with The Gem & Jewellery Export Promotion Council (GJEPC) and the Howrah Jewellery Traders Welfare Association, hosted a National Seminar on Export Opportunities for the Gems & Jewellery Sector at Kolkata on Feb 26. The seminar was presided over by Chief Guest Shri Arup Roy, a […]

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India’s overall exports of gems and jewellery dropped by 7.82% in the first six months of FY2020, with exports of cut and polished diamonds dropping by 18.84% and of gold jewellery (plain and studded) showing a marginal 0.67% decline over the same period, according to provisional data released by The Gem & Jewellery Export Promotion […]

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The Gem and Jewelry Institute of Thailand (GIT) says the export value of gems and jewellery grew by 29 per cent in the past seven months despite a swarm of international trade conflicts and public protests in Hong Kong, a key hub for the sector. GIT director Duangkamol Jiambutr on 5 September put the value […]

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The 36th edition of the prestigious India International Jewellery Show (IIJS Premiere) was inaugurated this morning in Mumbai by Chief Guest, Hon’ble Minister of School Education, Sports & Youth Welfare, Government of Maharashtra, Shri Ashish Shelar along with the Guests of Honour Mr. Paul Rowley, Executive Vice President, Diamond Trading & Distribution, De Beers Group; […]

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Exports of cut and polished diamonds from India dropped by 16.07% year-on-year during the month of January 2019, while gold jewellery (plain and studded) exports rose 32.35% y-o-y during the month, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of cut and polished diamonds stood at US$ 1.75 […]

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India’s polished diamond exports rose by 19.37% and gold jewellery exports (both studded and plain) were up by 8.72% during the month of October, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Overall exports from the gem and jewellery sector for the month rose 9.05% to US$ 3.63 billion […]

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The second half of the first day of the Gold & Jewellery Summit was focused on some of the key issues that face the gold and jewellery supply chain as it seeks to boost jewellery manufacturing across the country. Across three separate sessions, stalwarts from the local as well as global industry discussed questions related […]

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