Government Updates Wastage Norms for Jewellery Exports to Support Industry Needs
The Indian government has announced revised wastage norms for the export of gold, silver, and platinum jewellery, set to take effect on January 1, 2025
Fasten your seat belts: Govt may increase import duty on more than 50 items and jewellery could be one of them
The council and members of the trade have been constantly requesting the government to give them some respite from the harsh impact from the hike in import duty - a further hike on import duty might be disastrous for the industry
GJEPC recommends reduction in import duty & other policy changes for the forthcoming budget
5 million people work in the G&J industry that is worth $40 billion and contributes around 7 per cent to our nation’s GDP
- 1
