https://www.taxtmi.com/article/detailed?id=15201 The sector's competitiveness hinges on trade policy and fiscal incentives: duty-free procurement on an actual-user basis, replenishment allowances for cut and polished stones, Imprest and EPCG schemes, and zero-rated GST with input tax credit and refunds. Fragmented regulation across DGFT, Customs, GST and banking creates procedural complexity, conditionalities on imports and exports, and enforcement gaps on labelling and origin verification. Recommended legal-policy measures include digitising incentive administration, targeted MSME support, stronger traceability and certification, and calibrated regulation of lab-grown versus natural gemstones. en-us Thu, 09 Oct 2025 08:55:22 +0530 Thu, 09 Oct 2025 08:55:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15201 The sector's competitiveness hinges on trade policy and fiscal incentives: duty-free procurement on an actual-user basis, replenishment allowances for cut and polished stones, Imprest and EPCG schemes, and zero-rated GST with input tax credit and refunds. Fragmented regulation across DGFT, Customs, GST and banking creates procedural complexity, conditionalities on imports and exports, and enforcement gaps on labelling and origin verification. Recommended legal-policy measures include digitising incentive administration, targeted MSME support, stronger traceability and certification, and calibrated regulation of lab-grown versus natural gemstones. Articles Customs - Import - Export - SEZ Thu, 09 Oct 2025 08:55:22 +0530 https://www.taxtmi.com/article/detailed?id=15201