GJEPC Pushes for Progress on Hand-Carriage Exports at High-Level Customs Meet
In a significant step toward boosting ease of business for India’s gem and jewellery exporters, the Gem & Jewellery Export Promotion Council (GJEPC) held a key meeting with Principal Chief Commissioner of Customs, Prachi Saroop, on April 17 to advance the implementation of hand-carriage exports from Mumbai International Airport
Cheer Among Jewellery Exporters, as Govt. of Maharashtra Allows Limited Diamond and Jewellery Operations During Lockdown
- * Ministry of Commerce and Customs department worked relentlessly for gearing-up G &J exports amidst COVID-19 lockdown
- * Gem and jewellery industry to export $1bn worth pending exports
Platinum worth Rs 247 crore was imported during June-July; industry baffled
In June, the imports went up 215 per cent and more than 500 per cent in July
Customs clarifies that Gems and jewellery carried for international exhibitions now exempted from IGST
This comes into effect post several representations by the GJEPC to the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs
May sees a sharp decline of 12.85% in Indian Gems and Jewellery exports
Combined exports in April and May took a 9.11 per cent plunge to $6.07 billion according to the data provided by GJEPC
Relief for Jaipur Exhibitors as IT-Dept. Assures Release of IIJS Goods
Almost 600Kgs of gold and 3500Kgs of Silver goods were detained by the Customs Department at Jaipur Airport.
Shree Ganesh Jewellery to increase its retail presence
The Kolkata based jeweller, Shree Ganesh Jewellery will invest Rs 500 crores in its expansion plan. Most of the funding will be met through internal accruals, while a part will be raised through debt.
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