21 May 2018
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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...
Posted on: 15 Nov 2017
The portal was set up after the winding up of the foreign investment promotion board...
Posted on: 28 Oct 2017
The said VAT is likely to be implemented starting January 2018...
Posted on: 16 Oct 2017
The provisions of the new BIS Act have penal provisions, like fines and even imprisonment for flouting rules....
Posted on: 06 Oct 2017
No PAN card required for jewellery purchase of over Rs. 50,000...
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Total records: 20
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