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Gold Jewelry: A Duty Drawback Opportunity

    https://www.tariffmanagement.com/gold-jewelry-a-duty-drawback-opportunity
    Nov 04, 2015 · While this was a new financial burden, many importers of jewelry found that they could now take advantage of duty drawback when shipping these items back out of the country. So, while they now need to pay an import duty, the door opens up for a duty drawback …Estimated Reading Time: 1 min

Rate of Duty Drawback on Gold Jewellery ... - Export Import

    http://www.eximtutor.com/2016/06/25/rate-of-duty-drawback-on-gold-jewellery-and-silver-jewelleryarticles-rate-increased/
    3 rows · Jun 25, 2016 · Articles of jewellery and parts thereof, made of gold: Gms: 252.30 per gram of net gold content (.995 or more purity) in the jewellery: 252.30 per gram of net gold content (.995 or more purity) in the jewellery: 711302: Articles of jewellery and parts thereof, made of silver: Kg: 3285.40 per kg of net silver content (.999 purity) in the jewelleryEstimated Reading Time: 2 mins

Duty drawback on gold and silver jewellery: Procedure for ...

    http://www.cochincustoms.gov.in/upload/trade/tf-11-2011.pdf
    The drawback rates prescribed for gold and silver jewellery and parts thereof shall not be applicable to goods manufactured or exported in discharge of export obligation against any scheme of the relevant Export & Import Policy of the Foreign Trade Policy of the Government of India, which provides for duty free import / replenishment / procurement from local sources of gold / silver.

Duty drawback rates for gold, silver jewellery exports ...

    https://www.business-standard.com/article/markets/duty-drawback-rates-for-gold-silver-jewellery-exports-raised-sharply-119111600665_1.html
    Lower drawback was affecting our exports. The increase is an extremely positive step for those opting for duty drawback. Exports had reduced after gold and silver prices began rising and the government raised duty and tariff value of gold and silver without increasing duty drawback." India exports gold jewellery worth $1 billion a month. Apart from drawback, two other routes for gold and silver jewellery export …

India raises duty drawback rates for gold and silver ...

    https://www.indoasiancommodities.com/2019/11/18/ministry-of-finance-raises-duty-drawback-rates-for-gold-and-silver-jewellery-exports/
    Nov 18, 2019 · The Union Ministry of Finance has issued a notification announcing a sharp increase in duty drawback rates for gold and silver jewellery effective 16 November, 2019, in a move that is expected to make exports more viable for those who opt for drawback route. The drawback has been raised from Rs 272 to Rs 372.9 per gram […]Estimated Reading Time: 3 mins

Gem & Jewellery Trade Trends - GJEPC

    https://gjepc.org/pdf/Gem-%20Jewellery-Trade-Trends-Quarterly-Report-April-December-2020.pdf
    The net exports of silver jewellery is rising from the SEZ region, while its exports are falling from DTA. Reasons of falling silver jewellery exports from DTA:Duty drawback for silver jewellery is not announced, High duty money charges of MMTC, New covid-19 strain in USA, UK. 6 1.

gold jewellery: Govt raises duty drawback rates for gold ...

    https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/govt-raises-duty-drawback-rates-for-gold-silver-jewellery-exports/72118466
    NEW DELHI: The government has increased duty drawback rates for gold and silver jewellery, a move that would make Indian exports from these sectors more competitive in the global market. The drawback rates have been raised to Rs 372.9 per gram for gold jewellery from Rs 272 per gram, according to a notification of the finance ministry.

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