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Graph 1: Gem and Jewellery

  • Customs duty on import of rough diamonds reduced to 0%. With this Licensing regime for rough diamonds abolished.
  • Value additon Norms for export of plain jewellery reduced from 10% to 7%. Export of all mechanised unstudded jewellery allowed at a value addition of 3% only
  • Personal Carriage of Jewellery allowed through Hyderabad and Jaipur airport as well.


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