https://www.taxtmi.com/news?id=20928 To strengthen the gems and jewellery industry, the Government has implemented regulatory and fiscal measures including establishment of Special Notified Zones, creation of common facility centres, introduction of a separate ITC HS Code for lab-grown diamonds, reduction of GST rates on cut and polished diamonds and precious stones, IGST exemption on gold imports by specified agencies and banks, GST exemption on supply of gold by Nominated Agencies to exporters, and financial assistance for international fairs, buyer-seller meets and export infrastructure. en-us Mon, 07 Jan 2019 18:53:01 +0530 Mon, 07 Jan 2019 18:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20928 To strengthen the gems and jewellery industry, the Government has implemented regulatory and fiscal measures including establishment of Special Notified Zones, creation of common facility centres, introduction of a separate ITC HS Code for lab-grown diamonds, reduction of GST rates on cut and polished diamonds and precious stones, IGST exemption on gold imports by specified agencies and banks, GST exemption on supply of gold by Nominated Agencies to exporters, and financial assistance for international fairs, buyer-seller meets and export infrastructure. News - Mon, 07 Jan 2019 18:53:01 +0530 https://www.taxtmi.com/news?id=20928