Gems, jewellery sector seeks duty cuts, GST relief ahead of Budget FY27 - Business Standard

In a bid to strengthen India's gem and jewellery competitiveness amid a challenging trade landscape, the gems and jewellery sector has sought targeted duty rationalisation, procedural reforms and reduction in GST in the upcoming Union Budget 2026-27. The Gem and Jewellery Export Promotion Council (GJEPC), in its pre-Budget recommendations to Finance Minister Nirmala Sitharaman, has made several pr…