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India Slashes Import Tax on Polished Diamonds
The Indian government has reduced customs duty on polished diamonds to 5%, a move the industry has welcomed.“The
News Feb 01, 2022 Rapaport News
Gold jewelry on display in New Delhi, India
India Slashes Import Taxes on Gold, Silver
The Indian government has reduced import duties for key precious metals and clarified that rough-diamond
News Feb 01, 2021 Rapaport News
India tax
India Hikes Diamond Import Tax
India’s decision to increase import duty on diamonds could negatively affect the domestic industry, the nation’s Gem
News Oct 02, 2018 Rapaport News
India Arch
Trade Groups Push to End Certain Taxes on India's Services and Professionals
India's diamond trade is growing increasingly concerned about two taxes, especially as domestic and international demand for
News Jun 15, 2015 Zainab Morbiwala
Gold Bars
Higher Import Duty to Increase Gold Smuggling in India
, The increased gold import duty imposed by India's government may lead to more smuggling activity, but the
News Jan 22, 2013 Dilipp S Nag
Jewelry Store Window
India Removes Excise Duty on Jewelry
The Indian government has withdrawn the excise duty on branded jewelry and the proposed duty ‎on
News May 07, 2012 Dilipp S Nag
Jewelry Sales India
Indian Jewelers Suspend Strike Until May 11
Indian jewelers and bullion traders suspended their 21-day strike and opened the business from today
News Apr 06, 2012 Dilipp S Nag
India Finance Ministry
Govt. Invites Indian Jewelers for Talks on Friday
India's Finance Minister, Pranab Mukherjee, has convened a meeting with representatives of the jewelry manufacturing sector to take
News Apr 05, 2012 Dilipp S Nag
Diamond Trading in Surat Suspended on Monday
Diamond trading operations in Surat have closed on Monday to support local jewelers protesting the government’s proposed excise
News Apr 02, 2012 Dilipp S Nag
Associations Call for Mumbai's Diamond Industry to Close on Friday
The diamond industry in Mumbai will remain closed on Friday to lend support to the local jewelers protesting the government’s proposed excise duty on gold.The
News Mar 29, 2012 Dilipp S Nag
Jewelry Store Window
India Re-Considers Duty on Unbranded Jewelry
India's Finance Minister, Pranab Mukherjee, is re-considering his budget proposal to tax unbranded jewelry following major protests
News Mar 29, 2012 Dilipp S Nag
Gold bars
Higher Taxes in India Will Lower Gold Imports
Gold imports for India, the world's largest consumer of yellow metal, are likely to fall significantly in 2012
News Mar 23, 2012 Dilipp S Nag
Polished Diamonds
India Waives Import Duty on Diamonds Sent for Grading
India has waived its 2 percent import duty on cut and polished diamonds sent abroad for certification
News Mar 01, 2012 Dilipp S Nag
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