A Special Notified Zone (SNZ) – designed to ease rough imports from big miners – is to be launched at the newly-opened Surat Diamond Bourse (SDB). The Gems and Jewellery Export Promotion Council (GJEPC), representing almost 10,000 manufacturers, says it will be the biggest diamond SNZ in India. The 4,500 sq ft premises will feature […]

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The Gem & Jewellery Export Promotion Council (GJEPC) which has been making representations to get the Surat International Diatrade Centre (SIDC) set up in the Gujarat Hira Bourse to be declared a Special Notified Zone (SNZ) has recently met with success.rnrnBy a notification issued on January 16, 2020 by the Principal Commissioner of Customs, Ahmedabad, […]

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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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