India.com

Customs duty on cut & polished gemstones, diamonds hiked to 5%

New Delhi, Feb 1 (PTI) Finance Minister Arun Jaitley today doubled the import duty on cut and polished coloured gemstones, and diamonds to 5 per cent. The government has also hiked the basic customs ...
Zee Business

Budget 2023: Gems and Jewellery industry body urges government to reduce import duty on cut and polished diamonds

The GJEPC regional chairman Vijay Manguki told IANS that the council has submitted a memorandum to the Union Finance Ministry demanding reduction in import duty on cut and polished diamonds; the ...
Zee Business

Budget 2022: Import duty on cut and polished diamonds, gemstones slashed to 5%, says FM Nirmala Sitharaman

At present, import duty on cut and polished diamonds as well as gemstones is 7.5 percent. Presenting the Budget for 2022-23 in the Lok Sabha, Sitharaman also announced that the government will ...
Indiatimes

Govt proposes reduction in import duty on cut & polished diamonds & gemstones to 5pc

New Delhi, Feb 2 (PTI) Import duty on cut and polished diamonds and gemstones will be reduced to 5 per cent while on sawn diamond to nil in order to boost the sector, Finance Minister Nirmala ...
Business Line

Exempt cut, polished gemstones from import duty: GJEPC

Gem and jewellery exporters on Friday demanded the removal of import duty on cut and polished gemstones, saying the step would help in boosting trade prospects. Vipul Shah, the chairman of Gems and ...
Business Today

Budget 2022: Govt proposes reduction in import duty in cut, polished diamonds, gemstones to 5%

Import duty on cut and polished diamonds and gemstones will be reduced to 5 per cent while on sawn diamond to nil in order to boost the sector, Finance Minister Nirmala Sitharaman said on Tuesday. At ...