Thursday, 12 June 2014

AOJ News : Kerala jewellers request FM to withdraw 80:20 import rule with immediate effect

Gold and silver merchants from Kerala have requested the Union Finance Minister to withdraw with immediate effect quantitative curbs (the 80:20 rule) on imports. 

A liberalised scheme of imports may be evolved in consultation with all stakeholders, the district committee of All-Kerala Gold and Silver Merchant’s Association suggested in a memorandum. Import duties have to be scaled down to make smuggling totally unattractive.
Read more
http://goo.gl/lEsnHU

www.artofjewellery.com

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