Appointment of Nodal Officer by dealers in Precious Metals & Precious Stones becomes mandatory
Directorate General of Audit Indirect Taxes and Customs issued Anti-Money Laundering (‘AML’) Standards and Combating the Financing of…
FAQ on applicability of 6 digits HUID on gold Jewellery from 1st April 2023
Is it applicable only on gold Jewellery or all precious metal Jewellery? Ans: At present, only the Jewellery…
C&AG of India directed CBDT to scrutinize tax deductions by Gems & Jewellery SEZ units
CAG observed major irregularities in claiming Income Tax Deductions by Gems & Jewellery Units under SEZ scheme The…
Procedures for export & re-import of jewellery through e-commerce mode
The Central Board of Indirect Taxes and Customs on 30th June 2022, has notified the framework for e-commerce exports…
Amendments in import-export procedures for jewellery through courier
Courier Imports and Exports (Electronic declarations and Processing) Amendment Regulations 2022 Courier Imports and Exports (Electronic declarations and…
Important provisions related to G&J Industry – CEPA between India and UAE effective from 1-5-2022
This article highlights the key provisions of Comprehenstive Economic Partnership Agreement (CEPA) executed between India and UAE as applicable…
PMLA update for G&J – Record-keeping of cash deals in Gems & Jewellery trade now a must under PMLA
Ministry of Finance vide notification dated 28th Dec., 2020 rescinded the notification No. 8/2017, dated 15 November, 2017…