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GJEPC News

11 Sep 2017

GJEPC hails GST council decision on rough diamond import

Pandya also welcomed the formation of the special committee to look after GST rules in relation with exports under the Chairmanship of Revenue Secretary.

gems and jewellery

15 May 2017

Gems, jewellery export may hit $41-42 billion this fiscal: GJEPC

Higher demand in the Middle-East and South-East Asia could help India's gems and jewellery export grow this fiscal to about USD 42 billion, an export promotion body said on Monday.

29 Jan 2017

Gems, jewellery exports likely to rise 10% in FY17: GJEPC

Gems and jewellery exports are likely to witness a growth of about 10 per cent this fiscal due to increasing demand in the US and Europe, according to the industry's apex trade promotion body.

gems and jewellery

25 Aug 2016

Gems, jewellery exports up about 12% in Apr-Jul FY17

Exports of gems and jewellery grew 11.7 percent to USD 11.4 billion during the first four months of the current fiscal, driven largely by demand in India's major markets like the US.

Jewellers strike

22 Mar 2016

Jewellers' strike against 1% excise duty enters 21st day

The strike by a large number of jewellers and bullion traders continued for the 21st day today to protest against the Budget proposal to impose 1 per cent excise duty on non-silver jewellery, despite the government constituting a panel to look into their demand.

20 Mar 2016

Jewellery industry incurs Rs 60,000-70,000 crore loss in 18-day stir

The 18-day long strike by jewellers, which ended last night, is estimated to have caused loss of Rs 60,000-70,000 crore to the industry.Meanwhile, a three-member committee has been set up to look into issues of jewellers and it would submit a report to the government within two months.

03 Aug 2014

India's Q1 gold jewellery imports rise by 10%: GJEPC

Currently, the premium on gold has come down to Rs 1 per gram of gold from Rs 200 per gram in April.

28 Jun 2014

GJEPC wants domestic insurers to chip into bullion cover

The apex industry body Gems & Jewellery Export Promotion Council (GJEPC) Saturday demanded alternate channels of insurance coverage for the sector as the Export Credit Guarantee Corporation is under-capitalised currently to cover the rising bullion trade.

Indian Budget 2014-15

20 Jun 2014

GJEPC seeks duty cut on gold to 2%, scrapping 80:20 rule

The Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold and silver to 2 percent from 10 percent.

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