登入姓名
登入密碼
登記為討論區會員
忘記密碼
主頁 > 最新消息 > 亞洲珠寶市場動向 > 09 - 10 - 2017 India Eases Selling ...
返回
09 - 10 - 2017 India Eases Selling Procedures for Jewelers

RAPAPORT... Jewelers in India have welcomed an amendment to the country’s laws that exempts them from government scrutiny over money laundering.

The central government notified dealers in precious metals, precious stones and other high-value goods, with annual turnover of more than $306,000 (INR 20 million), that they would no longer have to report transactions under the Prevention of Money Laundering Act, the All India Gems & Jewellery Trade Federation (GJF) explained on Friday.

In addition, jewelers will no longer have to verify the identity of customers making a jewelry purchase for more than $765 (INR 50,000), the GJF reported. Consumers previously had to present their permanent account number (PAN) cards when making such purchases.

“This is really great news for the industry,” said Nitin Khandelwal, chairman of the GJF. “The support we got from various associations and chain-store owners on this concern was phenomenal. This is really a proud moment for our industry, and we look forward to good business during the festive season.”

The GJF and other jewelry trade representatives lobbied the government on these issues ahead of Friday’s meeting of the Goods & Services Tax Council, which is responsible for overseeing implementation of the country’s new tax system.

The updated rules are expected to boost sales during the ongoing festive season – a popular period for buying gold and jewelry – that culminates in the Diwali festival on October 19.

Image: Gem & Jewellery Export Promotion Council.

 

Source: Rapaport  08-10-2017

 
返回

 
JA Special Delivery
日期 : 2017年10月29日 - 10月31日
地點 : 美國 紐約 Jacob K. Javits Convention Center
詳 情 >
 
商號名稱:
進階搜尋 |
 




外匯行情由Investing.com的香港網站香港站提供。

 
即時資訊   |   行業招聘  |  商會簡介  |  聯絡我們  |  香港珠寶雜誌 |  香港玉石鑑定中心 |  隱私權保護政策 © Copyright 2012 HKJJA. All rights reserved. Powered by BIC Online