Search results for: impact of gst on diamond

May 21

Indian Gems & Jewellery Market Advancing On International Platform

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Indian Gems & Jewellery Market Advancing On International Platform

Gems and jewellery industry in India is rising like the morning sun in the sky, with the most glistening shine by being the greatest manufacturing center for gems and jewellery where the domestic market was guessed to be approximately USD16.1 billion in financial year 2009. Not only this, in the year 2010 India outshined as … more

May 13

Indian Diamond Jewellery Manufacturers Stepping Strong In Chinese Market

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In January, 21 Indians amongst 33 foreigners were arrested in Shenzhen for smuggling diamonds worth millions of dollars from Hong Kong to mainland China to avoid the 4 percent import duty. Though being a part of China, Hong Kong is a duty-free import area for rough diamonds while China demands the custom duty of 4 … more

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