20 Jul 2018
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Posted on: 06 Jul 2018
The apex body has also requested the government to expedite the refund processes as the industry is facing issue of non-realisation of GST paid...
Posted on: 18 Jun 2018
The domestic council would work on all the issues including for exports and pushing the growth of the sector at domestic level....
Posted on: 11 Jun 2018
A total of 18 tax items involving jewellery categories are included in the tariff reduction, with an average tariff rate drop of 68 per cent....
Posted on: 06 Jun 2018
Angola is the world’s fifth-largest producer of diamonds but miners have long complained that they are forced to sell their stones below international prices to politically connected middlemen, draggi...
Posted on: 16 May 2018
The normal period of 90 days for duty free import of precious metals and export of jewellery remains the same for DTA units as laid down in Foreign Trade Policy....
Posted on: 02 May 2018
The UAE Cabinet has reportedly adopted the law to introduce a “VAT reversed charge” mechanism for investors in gold, diamond and precious metals....
Posted on: 07 Apr 2018
RBI has stopped issuing LoUs and LoCs in the wake of Rs. 13,000-crore PNB scam allegedly by diamond jewellery designer Nirav Modi and his associates through fraudulent LoUs...
Posted on: 03 Apr 2018
Ministry of Commerce has assigned The Gem and Jewelry Institute of Thailand (Public Organization) or GIT to carry out the Buy With Confidence (BWC) program to boost confidence to consumers and tourist...
Posted on: 26 Mar 2018
Only state-owned mining entities will hold majority shares in diamond and platinum companies....
Posted on: 06 Mar 2018
The proposed law aims to impound and sell assets of Nirav Modi-type escapees with a view to quickly recover dues. The law will apply to defaulters who have an outstanding of Rs. 100 crore or more and ...
Posted on: 27 Jan 2018
The reduction in import duty will also help in the fight against black money...
Posted on: 19 Jan 2018
Meanwhile, yesterday, GST Council met for its 25th meeting in New Delhi. The council announced cut in GST rate from 3 per cent to 0.25 per cent on diamonds and precious stones. ...
Posted on: 01 Jan 2018
Citing a parliamentary committee report, the West Bengal Finance Minister said owing to the GST system, exporters were unable to get refunds and at least 10-15 per cent of their working capital was lo...
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Total records: 24
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