Gold imports under India, UAE FTA quota remain modest: OfficialGold imports under a special trade deal with the UAE have seen low usage. The India-UAE Comprehensive Economic Partnership Agreement offers...
14 May, 2026, 09.47 PM IST
India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
13 May, 2026, 08.41 AM IST
Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
01 May, 2026, 11.46 AM IST
Swiss gold industry warns against Swatch boss's US gold tax proposalFollowing U.S. tariffs on Swiss goods, Swatch CEO Nick Hayek proposed a retaliatory export tax on Swiss gold bars destined for the United S...
14 Aug, 2025, 03.01 PM IST
Jewellery exporters in SEEPZ seek nod to sell locallyJewellery exporters at SEEPZ in Mumbai have requested government permission to manufacture jewellery for the domestic market, anticipating ...
20 Mar, 2025, 11.40 PM IST
Jewellery exporters jittery over reciprocal US tariffsJewellery exports from Mumbai's SEEPZ face a potential setback due to US President Trump's proposed reciprocal tariffs, which could signifi...
06 Mar, 2025, 11.03 AM IST
India’s outbound shipments surge 50% to a record $35.43 billion in JulyIndia’s outbound shipments rose 49.85% on year to a record $35.43 billion in July, aided by growth in exports of petroleum products and gem...
14 Aug, 2021, 06.46 AM IST
Record high exports in July, trade deficit widensData released by the commerce and industry ministry on Friday showed 20 out of the 30 major export sectors witnessing growth last month.
13 Aug, 2021, 11.54 PM IST
GJEPC welcomes govt move to exempt AIDC on gold, silver for exporters; says to boost exportsThe Gem and Jewellery Export Promotion Council (GJEPC) on Thursday welcomed the government's move to exempt the Agriculture Infrastructure ...
18 Feb, 2021, 08.19 PM IST
Higher duties to boost gold trade but take sheen off polished diamondsA mixed reaction followed the government’s decision to raise the import duty on cut and polished diamonds to 7.5% from 5% and that on gold ...
27 Sep, 2018, 07.26 AM IST
Gold exports down 13% post-GSTThe 3 per cent GST has also led to a reduction in purchases by non-resident Indians (NRIs), according to jewellers.
05 Jul, 2018, 10.33 AM IST
GJEPC seeks GST exemption or flat 0.25% rate on labour charges for polished diamondsThe logic is that value-addition done by karigars (labourers) accounts for 70-80% of the value of the polished stone and this could have a ...
08 Jun, 2017, 06.19 PM IST
Reducing import duty on gold to 5 per cent on GJEPC Budget wish listBesides reducing import duty, GJEPC is expecting the CBDT to give relief to the trade under levy of penalties for non-maintenance of adequa...
12 Jan, 2017, 08.13 PM IST
Budget 2013: Dun & Bradstreet expects duty free imports of cut and polished diamondsThe government had imposed a 2% import duty on cut and polished diamonds in last budget which had slowed down the trading activity.
12 Feb, 2013, 02.36 PM IST
- India to miss FY12 jewellery trade target
India's jewellery trade is likely to miss its FY12 target of Rs 50 billion as a recent three-week strike by gold jewellers against increase...
13 Apr, 2012, 05.13 AM IST
Union Budget 2011: Pay more for branded jewelleryThis is because government has reintroduced 1% excise duty on branded jewellery and branded articles made from precious metals like gold, s...
28 Feb, 2011, 05.26 PM IST
- Gold importers given export checking job too
The Customs department has made the authorised suppliers of duty-free precious metals sold to jewellery exporters responsible for collectin...
17 Oct, 2009, 12.56 AM IST