Another aspect she touched upon was the government looking into the industry request to develop an 8 digit HS Code for trade in synthetic diamonds and identified this as a valid request and that the government is looking into this seriously, reports say.
Ms Rita A. Teaotia was speaking in response to the requests put forward by Vipul Shah of GJEPC on behalf of the industry, during his welcome address at IIJS, reports say. He expressed a need and urged the government to address the taxation regime which had been put forward by De Beers and other miners, thereby paving way for the zone to soon be commissioned.
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