GJEPC Views on Union Budget 2013-14

Gems and Jewellery Export Promotion council (GJEPC) is disappointed with the Union Budget 2013-14. Vipul Shah, Chairman, GJEPC says, “We had suggested that while the industry would like a Presumptive Taxation regime in the long run, it would request the Finance Ministry to start by reducing the net profit to 2.5 percent of turnover instead … Read more GJEPC Views on Union Budget 2013-14

IGI announces the opening of its state-of-the-art Laboratory in Hyderabad

The International Gemological Institute (IGI) recently announced the opening of their laboratory at Panjagutta in Hyderabad. Studying the tremendous untapped potential of the Hyderabad jewellery market, IGI observed the need to open a full-fledged grading laboratory and education services in Hyderabad. IGI has been working closely with the retailers in Andhra Pradesh and organised a … Read more IGI announces the opening of its state-of-the-art Laboratory in Hyderabad

Thai government lifts import duty on Gems and Jewellery at BGJF52

The Thai government announced the lift of 20% tax on imported gems and jewellery products to be sold at the 52nd Bangkok Gems and Jewelry Fair (BGJF52) this coming September. Foreign exhibitors will be allowed to bring in and sell gems and jewellery from other countries duty-free, while local exhibitors can reduce their selling prices … Read more Thai government lifts import duty on Gems and Jewellery at BGJF52

GJEPC and IIDGR collaborates to maintain consumer confidence in Diamonds, in India

The Gem and Jewellery Export Promotion Council (GJEPC), India and the International Institute of Diamond Grading and Research (IIDGR), a division of De Beers Group of Companies, agreed to cooperate and work together to maintain consumer confidence in diamonds and more specifically support the industry in the detection of synthetics. As part of this initiative, … Read more GJEPC and IIDGR collaborates to maintain consumer confidence in Diamonds, in India