From May 1, travellers passing through Mumbai Airport will be allowed to import and export jewellery via private transport, following a formal directive from the Central Board of Indirect Taxes and Customs (CBIC). The initiative, led by the Gem and Jewellery Export Promotion Council (GJEPC), is expected to simplify logistics for exporters and boost India's position as a global jewellery hub

In a significant boost to India’s gem and jewellery sector, Mumbai International Airport will officially commence hand-carriage jewellery export operations from May 1, 2025. The move marks a pivotal development for exporters, especially emerging players, by allowing the personal carriage of precious cargo to global markets

Revenue Dept. Issues Notification for Simplifying Jewellery E-Commerce by Post: GJEPC

The officials visited the PCCCC and got acquainted with various departments of the bourse including the customs clearance operations

Gold, silver, stones, jewellery have been placed under controlled delivery list along with drugs, antiques and cigarettes, said Central Board of Indirect Taxes and Customs

Finance Ministry launches SOP for facilitating e-commerce jewellery exports through courier

Jaipur became the 7th international courier terminal in India with the inauguration of the Express Cargo Clearance System (ECCS) on 9th August

The recent PMLA notifications issued to the G & J industry had the G & J industry reeling under its pressure and anxiety for sometime; Rohan Shah in conversation with Colin Shah, Chairman GJEPC comes forward to clear the air

• * eBay will enable jewellers to have access to international buyers through eBay Marketplace
• * GJEPC to launch an eCommerce Promotion and Facilitation Desk (“EPFD”) at all its 6 Regional Offices

Gems and jewellery exporters have been permitted to send their goods across the globe to their buyers using the convenience of cost effective and reliable courier services

This comes into effect post several representations by the GJEPC to the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs

The CBDT has clarified that TCS is not a tax on goods but an interim levy on the possible "income" arising from the sale of goods by the buyer and to be adjusted against the final income-tax liability.