×
184
Fashion Jobs
ACTIVEWEAR & TECHNICAL TEXTILE DIVISION
Production Manager (Apparels/Garment)
Permanent · Ludhiana
WINGS PHARMACEUTICALS
Area Sales Manager - Generic Division
Permanent · Jaipur
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
VISAGE BEAUTY AND HEALTH CARE
Area Sales Manager (Cosmetics/Skin Care Retail General Trade)
Permanent · Chennai
FORTUNE HR SOLUTIONS
General Manager - ie
Permanent · Tiruppur
ALUDECOR LAMINATION PVT LTD
Area Sales Manager - Patna
Permanent · Patna
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
RAKSHA PIPES PVT. LTD
Area Sales Manager
Permanent · Chennai
RENEWBUY
Area Sales Manager - Kolkata/Ranchi/Bhubaneswar
Permanent · Bhubaneswar
TRIDHAATU REALTY AND INFRA
Sales Manager - Real Estate (Closing)
Permanent · Mumbai
INFOGAIN
Production Support Manager- Opening
Permanent · Pune
ADD UR CO LLP
Production Manager
Permanent · Chennai
LE HUMAN RESOURCES SOLUTIONS PVT LTD
Production Manager
Permanent · Pune
FIRST MERIDIAN BUSINESS SERVICES
Head Production Manager
Permanent · Gurugram
ADECCO INDIA PRIVATE LIMITED
Sales Manager
Permanent · Mumbai
ALEMBIC PHARMACEUTICALS
Area Development Manager
Permanent · Pune
LEVI'S
Technical Product Manager
Permanent · Bengaluru
THE SEARCH HOUSE (A DIV OF JSD SEARCH HOUSE PVT. LTD.)
Manager Production-Sheet Metal (Laser /Punching/ Press Break)
Permanent · Bhiwadi
ABHAY INDUCTION TECH PVT LTD
Sales Manager
Permanent · Ahmedabad
FREELANCER PRATIK PARIKH
Opening in Leading Life Insurance Company/ Area Business Manager
Permanent · Gandhinagar
MANISHMEDI INNOVATION
Area Sales Manager
Permanent · Hyderabad
OJB HERBALS
Area Sales Manager
Permanent · Ranchi
Published
Feb 6, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

GJEPC urges government to scrap 0.5% rough coloured gem import duty

Published
Feb 6, 2020

The Gem and Jewellery Export Promotion Council has asked the Minister for Finance to scrap the 0.5% import duty on rough coloured gemstones, believing increasing the duty rate will harm Indian industry.

The GJEPC hopes that the government will rollback its 0.5% duty hike on coloured gemstones - GIA Education- Facebook

 
The GJEPC has urged Union Finance Minster Nirmala Sitharaman to retract the decision to impose 0.5% import duty on coloured gems citing potential widespread unemployment which could be caused by the duty hike, TNN reported. The GJEPC argues that any increase in government tax revenue would be dwarfed by the disruption it would cause to the sector. 
 
“The import duty on rough coloured gemstones will disrupt the gemstone manufacturing centre in Jaipur,” the Gem and Jewellery Export Promotion Council’s chairman Pramod Kumar Agarwal said in a statement, TNN reported.

“The annual import of coloured gemstone is $300 million [Rs 1,995.8 crore] and the export is pegged at $500 million. The government is going to earn less than Rs 15 crore in duty per annum.”
 
“This is first time that the import duty on rough coloured gemstone has been increased,” former GJEPC chairman and managing director of Sambhav Gems Private Limited in Jaipur, Rajiv Jain, told the Times of India.

“The gemstone manufacturing is a cottage industry and the hike in the import duty will directly impact over two lakh workers.”
 

Copyright © 2022 FashionNetwork.com All rights reserved.