The government has ended a tax benefit for banks importing gold, silver and platinum, bringing these shipments under the 3% Integrated GST levy from April 1, 2026, to ensure parity across import channels

Ahead of the Union Budget 2026–27, leading jewellery retailers, manufacturers and industry bodies outline expectations on GST, import duties, exports, digital gold regulation, working capital, and policy reforms to strengthen growth.

The webinar was organized to discuss the benefits and procedures of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme

In an exclusive interactive session organised by the Gem and jewellery Export promotion council (GJEPC), Shri B V R Subrahmanyam, Commerce Secretary, MOC & I , Govt of India spoke to the gem and jewellery exporters on 4th September in Mumbai

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.

The 3 percent tax on gold jewellery is not likely to cause any major disruption to the overall gold demand, ICRA said in a report.

GJEPC raising its concern over GST on Diamonds mentioned in a release that the move would cause a set-back to the export oriented diamond industry.

Amongst everything that concerns GST, compliance and registration are very important. Here,Indian Jeweller is trying to help you with few important points to keep in mind.