News

Oct 27, 2016

GJEPC Meets Leaders of Various State Governments Seeking Support For Its Position on GST

Some time back, The Gem & Jewellery Export Promotion Council (GJEPC) made a representation to the Government of India on the soon-to-be-introduced GST urging  that the gems & jewellery export sector be exempted from the regime and that domestic  sector be charged at a minimal rate of between 0-1.25% (see our report of Oct 19).

The GJEPC has now held a series of meetings with senior representatives of various state governments to put their point of view forward and urging for their support.

On October 25th, GJEPC’s Regional Chairman, Southern Region, Mahender Kumar Tayal,  along with a member of the Regional Committee, Southern Region and Team HJMA made a representation to Telangana Finance Minister, Shri Etela Rajender Garu seeking a GST of 1.25% for the domestic gems & jewellery industry.

GJEPC’s Regional Chairman for Gujarat, Dinesh Navadiya, along with members of the organisation’s Committee of Administration (CoA) and other leaders of the diamond trade from Gujarat, met the Chief Minister of Gujarat, Hon’ble Shri Vijay Ruapani,  and made a similar representation to the CM. The CM assured the delegation of his support and said that Gujarat would make a strong representation to the Centre to keep diamonds out of the GST regime. The Dy. CM of the state and other senior officials will put this point forward to the GST Council at its meeting to be held on November 3rd and 4th.

More recently, GJEPC Vice Chairman Russell Mehta, along with GJEPC’s Kirit Bhansali and Konal Doshi met with the Finance Minister of Maharashtra, Shri Sudhir Mungantiwar to seek support for the GJEPC’s demand for 0%  GST on diamonds and 1.25% for jewellery in the  domestic sector.

Pic Cap:

Maharashtra’s Finance Minister Shri Sudhir Mungantiwar (3rd fm lft) seen with  Vice Chairman GJEPC Russell Mehta (2nd fm lft) with GJEPC’s Konal Doshi (ext lft) and Kirit Bhansali (2nd fm rt)