Jewelery companies can get relief of around Rs. 2 thousand crores. According to the exhaustive information received, instructions can be issued by the Finance Ministry to eliminate the old liability of tax. According to information from sources, jewelery exporters companies are expected to get relief soon.
Jewelers
Jewelers Rally as India Sets Gold Tax That’s Lower Than Expected
Gold Silver Reports — Shares of jewelers climbed in India after the government set the rate for gold under the uniform goods and services tax below expectations, signaling a potential recovery in demand in the world’s second-largest market.