Coimbatore Jewellery Manufacturers Seek Tax Refunds and Support Amid Customs Duty Changes
The Coimbatore Jewellery Manufacturers Association has requested a tax refund from the Union government for taxes paid on gold metal loans before the recent reduction in Customs Duty
Founder of Malabar Gold & Diamonds, MP Ahammed demands a reduction in import duty to curb gold smuggling
A reduced import duty will make gold smuggling less attractive and will eventually drive the illegal gold out of the markets.
Central Govt rejects gold mining lease
The much-awaited mining lease (ML) for ‘Ganajur Gold Mining’ has been rejected by the Union government
Gem & Jewellery Exporters Exempted from 3% IGST on supply of Gold by Nominated Agencies from January 1, 2019
The GST Council recently announced that gem & jewellery exporters will no longer have to pay 3% IGST to nominated agencies (banks) from 1st January 2019.
Gems & Jewellery Exports from India reported USD 40972.36 mn in FY18 vis-a-vis USD 43,157.11 mn in FY17
The Gem & Jewellery Export Promotion Council (GJEPC) of India, announced the performance figures for the Indian Gems & Jewellery Sector for FY 20017-18. The Indian Gem and Jewellery industry has witnessed a decline of 5.06 % with total gem & jewellery exports recorded at USD 40972.36 million (Rs. 264130.64 crores ) as compared to USD 43,157.11 million ( Rs. 289207.47 crores) in the same period last year.
All cash purchases of gold to come under IT scanner
The guidelines will require the jeweller to keep a tab on buyers making jewellery purchases of Rs. 2 lakh or more a year from his shop.
Charu Jewels reinvents its brand equity
The theme and motive of the campaign revolve around its name itself, COLOUR YOUR SENSES.
PC Jeweller signs a MoU with Martian Watches
Martian Watches is one of the U.S. based leading smart watch manufacturers with a technology experience of over 25 years.
Bikaneri Jewels' launches their first flagship store at Turner Road
Bikaneri Jewels exclusively creates and delivers Jadau, Kundan and Polki Jewellery for their niche clients.
IGI introduces extends courses for synthetic developments
In the wake of rising popularity of synthetic diamonds, IGI has extended its courses to increase knowledge and awareness regarding the synthetic developments in the industry.
Tara Jewellers launches Facebook contest for new Akshay Tritiya collection
To mark the favourable day of Akshaya Tritiya, a special collection with a mix of heavy and light weight gold jewellery has been created and a Facebook contest launched.
Stellar begins commercial production at Mandala Mine
Sends first lot of mined diamonds to Antwerp for valuation and sale
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