The advertisement has none of the glitz and glamour associated with a typical jewellery advertisement and yet, the message the brand wants to convey is loud and clear.
Based on the representation received from the industry, the Gem & Jewellery Export Promotion Council (GJEPC) had requested the Ministry of Commerce and Industry to re-introduce the para 4A.2 and 4A.2.1 which was deleted from Foreign Trade Policy with regard to the export of cut & polished diamonds for Certification/Grading purpose and re-import thereof.%%
Paying heed to the matter, DGFT has now come out with a Notification No.100(RE-2010)/2009-2014 dated 28th February, 2012 stating the duty free import of cut & polished diamonds thus sending for Certification/Grading purpose abroad. %%
The council has also requested the Ministry of Revenue to issue a corresponding Notification on this behalf to ease off the problems faced by the member exporters, after which only can the start export & re-import of diamonds for certification be done.%%
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