“The entire gold and jewellery sector is
currently under ‘nil’ duty regime. Any adverse duty levy on this sector
would hit the entire value chain of diamond and jewellery sectors.
Therefore we, based on a survey conducted over nine months across our
7,000 registered members, arrived at a conclusion that a recommendation
should be sent to the government seeking exemption of gems and jewellery
sector under GST.” -
Praveenshankar Pandya, Chairman, GJEPC
Praveenshankar Pandya, Chairman, GJEPC
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