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News
jewellery sector
Jewellery sector News
India-UAE trade
19 Feb 2022
Duty-free access for jewellery sector to get huge export boost under India-UAE
India has agreed to concessional import duties on gold imports of up to 200 tonnes per year. India imported about 70 tonnes of gold from the UAE in 2020-21. He said the biggest gain for India is "that we get zero duty access" to the UAE market for domestic jewellery. TRQ is a quota for a volume of imports that enter India at specified tariffs.
GST
14 Apr 2017
Levy 1.25% GST on jewellery sector: GJF urges govt
The All India Gems and Jewellery Trade Federation (GJF) on Friday urged the government to levy 1.25 percent Goods and Service Tax (GST) on the industry as against the proposed four percent.
US Dollars
26 Mar 2016
Pent up dollar demand by jewellers to exert pressure on rupee: Experts
Pent up demand for US dollars by the jewellery sector, coupled with a weak Chinese yuan, are expected to exert pressure on the Indian rupee during the upcoming week, experts said on Saturday.
Gold
19 Nov 2014
GJF urges govt not to impose further curbs on gold imports
The government should not impose further curbs on gold imports as it will spell doom for the gems and jewellery sector, the All India Gems and Jewellery Federation (GJF) said on Wednesday.
Budget 2014
11 Jul 2014
Jewellery sector expresses disappointment with Union Budget
The gems and jewellery industry which had sought reduction in the gold import duty as well as abolition of the stringent "80:20 norms", expressed its disappointment with Union Budget.
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