Gems and jewellery sector eyes duty cuts, GST relief in Union Budget 2026-27 - Moneycontrol

The gems and jewellery industry is seeking import duty rationalisation, lower GST on jewellery, easier customs procedures and measures to support demand, exports and employment. January 27, 2026 / 08:58 IST Jewellery industry calls for lower GST, simpler customs. Jewellery sector seeks lower import duties, GST reforms in 2026–27 Budget Industry seeks simpler customs, regulated EMI options, and ski…