Importing Jewellery
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Indian Man Gets 30-Month Jail In US For Customs Duty Evasion On Jewellery
An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally processing over USD 10.3 million through an unlicensed
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Indian-American Jeweller Charged In Multi-Million Dollar Trade Fraud
An Indian jeweller has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said.
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Restrictions Imposed On Import Of Certain Gold Jewellery, Articles
The government on Wednesday imposed import restrictions on certain gold jewellery and articles, a move which would help cut the import of non-essential items.
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Budget 2023: Commerce Ministry Seeks Cut In Gold Import Duty To Boost Exports
The industry is pinning its hope on the forthcoming Budget to push exports and generate jobs in the sector, Ex Chairman, Gems and Jewellery Export Promotion Council (GJEPC), Colin Shah said.
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UAE Key Export Market For Indian Gems, Jewellery, Exports Account For 15%
The UAE is an important export market for Indian gems and jewellery, accounting for around 15 per cent or USD 5.8 billion in FY 2021-22, according to a top official of an industry body.
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Gold Import Tax Hike To Fuel Smuggling, Please Reconsider Decision: Industry Bodies
Jewellery and industry experts on Friday said the increase in import duty on gold to 15 per cent will fuel smuggling and urged the government to review the tariff rate on the yellow metal.
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Exports Rise To $9.4 Billion In Early June
Country's exports increased 24.18 per cent to $9.39 billion during June 1-7
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India's Trade Deficit Rose 88% In 2021-22
India's trade deficit rose 87.5 per cent to $192.41 billion in 2021-22 as against $102.63 billion in the previous year
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Gold Imports Rose To $45 Billion In April-February Of 2021-22
India's gold imports rose 73 per cent to $45.1 billion during the April-February period of the current financial year owing to higher demand
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India-UAE Pact To Boost Trade To $100 Billion In 5 Years: Commerce Minister
The agreement will provide significant benefits to Indian and UAE businesses, including enhanced market access and reduced tariffs
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Exports Rise 23.69% To $34 Billion In January, Trade Deficit Widens To $17.94 Billion
Exports rose to $34.06 billion in January due to robust performance by engineering, petroleum as well as gems and jewellery sectors
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Budget 2022: Jewellery Trade Body Seeks Reduction In Gold Import Duty
Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold to 4 per cent from 7.5 per cent and a special package for the sector in the forthcoming Budget to boost shipments.
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Exports Rose 43% In October To $35.65 Billion, Trade Deficit Widens
Trade deficit gap widened mainly due to imports rising by 62.51 per cent to $55.37 billion
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India's Trade Deficit Narrows Down, Merchandise Exports Rise 42% In October
Country's merchandise trade deficit in October 2021 narrowed down to $19.9 billion from a record $22.6 billion recorded in September 2021
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Exports Grew 34% In August 2021 To $52.2 Billion
Country's exports in August 2021 touched $52.2 billion, showing 34 per cent jump over last year's corresponding period when it was $38.96 billion.
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Indian Man Gets 30-Month Jail In US For Customs Duty Evasion On Jewellery
An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally processing over USD 10.3 million through an unlicensed
-
Indian-American Jeweller Charged In Multi-Million Dollar Trade Fraud
An Indian jeweller has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said.
-
Restrictions Imposed On Import Of Certain Gold Jewellery, Articles
The government on Wednesday imposed import restrictions on certain gold jewellery and articles, a move which would help cut the import of non-essential items.
-
Budget 2023: Commerce Ministry Seeks Cut In Gold Import Duty To Boost Exports
The industry is pinning its hope on the forthcoming Budget to push exports and generate jobs in the sector, Ex Chairman, Gems and Jewellery Export Promotion Council (GJEPC), Colin Shah said.
-
UAE Key Export Market For Indian Gems, Jewellery, Exports Account For 15%
The UAE is an important export market for Indian gems and jewellery, accounting for around 15 per cent or USD 5.8 billion in FY 2021-22, according to a top official of an industry body.
-
Gold Import Tax Hike To Fuel Smuggling, Please Reconsider Decision: Industry Bodies
Jewellery and industry experts on Friday said the increase in import duty on gold to 15 per cent will fuel smuggling and urged the government to review the tariff rate on the yellow metal.
-
Exports Rise To $9.4 Billion In Early June
Country's exports increased 24.18 per cent to $9.39 billion during June 1-7
-
India's Trade Deficit Rose 88% In 2021-22
India's trade deficit rose 87.5 per cent to $192.41 billion in 2021-22 as against $102.63 billion in the previous year
-
Gold Imports Rose To $45 Billion In April-February Of 2021-22
India's gold imports rose 73 per cent to $45.1 billion during the April-February period of the current financial year owing to higher demand
-
India-UAE Pact To Boost Trade To $100 Billion In 5 Years: Commerce Minister
The agreement will provide significant benefits to Indian and UAE businesses, including enhanced market access and reduced tariffs
-
Exports Rise 23.69% To $34 Billion In January, Trade Deficit Widens To $17.94 Billion
Exports rose to $34.06 billion in January due to robust performance by engineering, petroleum as well as gems and jewellery sectors
-
Budget 2022: Jewellery Trade Body Seeks Reduction In Gold Import Duty
Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold to 4 per cent from 7.5 per cent and a special package for the sector in the forthcoming Budget to boost shipments.
-
Exports Rose 43% In October To $35.65 Billion, Trade Deficit Widens
Trade deficit gap widened mainly due to imports rising by 62.51 per cent to $55.37 billion
-
India's Trade Deficit Narrows Down, Merchandise Exports Rise 42% In October
Country's merchandise trade deficit in October 2021 narrowed down to $19.9 billion from a record $22.6 billion recorded in September 2021
-
Exports Grew 34% In August 2021 To $52.2 Billion
Country's exports in August 2021 touched $52.2 billion, showing 34 per cent jump over last year's corresponding period when it was $38.96 billion.
