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RAPAPORT… India’s Gem & Jewellery Export Promotion Council (GJEPC)
has criticized the government’s decision to tax rough diamonds, claiming it
will damage the nation’s manufacturing sector.
The government will introduce a 0.25% levy on the category as
part of its new tax regime, known as the Goods and Services Tax (GST). The GST
will replace the existing system, under which rough di…

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