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GJEPC Appoints New Chairman

Jan 14, 2018 9:24 AM   By Rapaport News
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RAPAPORT... The Gem & Jewellery Export Promotion Council (GJEPC) has elected Pramod Kumar Agarwal as its chairman, and Colin Shah as vice chairman for the 2018 to 2020 period, the Indian trade organization announced Friday.

Agarwal (pictured) was the Rajasthan regional chairman of the GJEPC, and has been the chairman of the GJEPC’s Indian Institute of Gem and Jewellery, Jaipur
for the past five years.

The new chairman said he will focus on facilitating tax reform during his term in office. That would include the introduction of a presumptive taxation – tax based on average income rather than actual income – reducing the goods and services tax (GST) for cut and polished diamonds and scrapping GST for gold and silver exports.

“It would be my sincere effort to work closely with the industry and the government to bring in reforms that would provide the Indian gold and jewelry industry a competitive edge in the world market,” Argawal added.

Shah is the managing director of Kama Schachter Jewellery, and has served as awards subcommittee convener for the GJEPC.

Elected regional chairs include Ashok Gajera, Dinesh Navadia, Nirmal Kumar Bardia, Prakash Chandra Pincha, Mahendra Kumar Tayal and Ashok Sheth.
Tags: Ashok Sheth, chairman, Colin Shah, Gem & Jewellery Export Promotion Council, GJEPC, GST, Indian trade organization, Kama Schachter Jewellery, Mahendra Kumar Tayal, Prakash Chandra Pincha, Pramod Kumar Agarwal, Rapaport News
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