Gems & jewellery sector seeks import duty cut to 4%

Mumbai: The gems and jewellery sector, which is still reeling under the impacts of note-ban and GST implementation, has sought a reduction in gold import duty to 4 per cent and bringing down the levy on cut and polished diamonds and cut and polished gemstones to 2.5 per cent, apart from relaxation in credit norms.

from EenaduIndia | Business http://bit.ly/2RoWqOL