Government rescinds the Notification No. 4/2017 dated 23rd August, 2017 relating to Gems and Jewellery sector; Another notification will be issued separately in due course

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....overnment rescinds the Notification No. 4/2017 dated 23rd August, 2017 relating to Gems and Jewellery sector; Another notification will be issued separately in due course <br>News and Press Release<br....

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....>Dated:- 7-10-2017<br><BR>The Government has received representations from various Associations in the Gems and Jewellery sector with respect to certain incongruities in Notification No. 4/2017 dated ....

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....23rd August, 2017, wherein dealers in precious metals, precious stones and other high value goods were notified as person carrying on designated business and professions under the Prevention of Money-....

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....Laundering Act, 2002. After considering various aspects of the issue, the Government has decided to rescind the said notification. A separate notification after due consideration of points raised and....

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.... wider stakeholder consultation in this regard, shall be issued in due course.<BR> News - Press release - PIB....