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Gold and Jewellery Industry

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....old and Jewellery Industry <br>News and Press Release<br>Dated:- 14-5-2012<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 14-May-2012 16:41 IST The Government ....

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....of India, at regular intervals, through Foreign Trade Policy and Union Budget, has announced various measures to develop gold and silver jewellery industry in the country. Some of the important measur....

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....es include: (i) Introduction of duty drawback rates @ Rs 30.90/gm and Rs 1,545/kg for gold and silver jewellery exports respectively. (ii) Formation of Gem & Jewellery Skill Council of India (GJ....

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....SCI) to enhance and upgrade various skills in gems and jewellery sector. (iii) Increase in the value limit of personal carriage from US$ 2 million to US$ 5 million in case of participation in overs....

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....eas exhibitions. (iv) Increase in the number of days from 30 to 90 for re-import of unsold items in case of participation in an exhibition in USA. (v) Personal carriage of gold in primary form p....

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....ermitted upto 10 kgs in a financial year by an authorized person of Gem & Jewellery Units in EOU units subject to RBI and Customs guidelines. These measures would promote development of the gold an....

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....d silver jewellery related industry in Andhra Pradesh also. This information was given by Shri Jyotiradiya M. Scindia, Minister of State for Commerce & Industry in written reply to a question in Lo....

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....k Sabha today. DS/GK<BR> News - Press release - PIB....