GJEPC is targeting $5 billion of gem & jewellery exports from South India.” “Today, India stands as one of the world’s largest consumers of gems and jewellery, said Bhansali ...

Gold and platinum jewellery will face 32-34 per cent duty, while silver jewellery could be taxed as high as 40.5 per cent. Other items such as lab-grown diamonds and imitation jewellery will also ...