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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.

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.

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.

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.

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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