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he gem and jewelry sector, which had hoped that the government would cut import duty from 10 percent...
Andrei Vesselovskihe gem and jewelry sector, which had hoped that the government would cut import duty from 10 percent to percent, faced up to a 1 percent excise duty instead, according to a report in The Economic Times.
The India Bullion and Jewelry Association expressed fears that the imposition of the excise duty will lead to job losses in the gem and jewelry sectors.
The India Bullion and Jewelry Association expressed fears that the imposition of the excise duty will lead to job losses in the gem and jewelry sectors.
| Gold, Gem & Jewelry Industries Left Frustrated by 1% Excise Duty in Budget (IDEX Online News) – The gem and jewelry sector, which had hoped that the government would cut import duty from 10 percent to percent, faced up to a 1 percent excise duty instead, according to a report in The Economic Times. The India Bullion and Jewelry Association expressed fears that the ... |
