Representational Image New Delhi: The government has clarified that its decision to impose import curbs on certain types of studded gold jewellery is not applicable for units in the special economic zones (SEZs). On June 11, the directorate general of foreign trade (DGFT) through a notification imposed the restrictions to discourage inbound shipments of these…
Representative Image New Delhi: India on Tuesday imposed restrictions on the import of certain gold jewellery and articles except those coming under the India-UAE Comprehensive Economic Partnership Agreement (CEPA). In a notification, the Directorate General of Foreign Trade (DGFT) brought gold jewellery studded with pearls, diamonds and precious & semi-precious stones in the ‘restricted’ category…
The Directorate General of Foreign (DGFT) has put on hold its recent decision on changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports, according to a media release issued by Gem & Jewellery Export Promotion Council (GJEPC) on Tuesday. In a virtual meeting on 28th May GJEPC urged DGFT…
India on Monday tightened the permissible wastage amount for gold, platinum, and silver content in various categories of exports of jewellery items manufactured by mechanised or non-mechanised processes. In a notification, the Directorate General of Foreign Trade (DGFT) amended the percentage of wastage by weight in export of plain jewellery to 0.5% for gold and…
Representative image The Directorate General of Foreign Trade (DGFT) has urged the Gem & Jewellery Export Promotion Council to popularise jewellery exports through e-commerce and to position India as a top supplier, design creator and value-adding hub for gold jewellery. Santosh Kumar Sarangi, Director General of DGFT said, “India stands as one of the largest…
Representative Image Mumbai: The Directorate General of Foreign Trade (DGFT) on Wednesday pitched for formulating a robust branding strategy positioning India as a top supplier and value-added provider of gold jewellery. “India stands as one of the largest buyers of gold globally, showcasing considerable buying power that can potentially influence the streamlining of gold prices…
