The most obvious reason for the rise in popularity of lab-grown diamonds is cost. Depending on the size and cut of the stone, lab-grown diamonds are 70% to 90% cheaper than naturally grown diamonds.
This scheme allows the duty-free import of Natural Cut and Polished Diamonds, of less than ¼ Carat (25 Cents). It also mandates export obligation with a value addition of 10%.
The Indian government will allow companies to import a portion of natural polished diamonds under 0.25 carats free of duty under a program that went into effect this week. The Diamond Imprest ...
"Also, deliberated on the progress of the request made to the (EU) Trade Commissioner regarding an extension of the deadline for technology-based certification, highlighting its crucial role in ...
New Delhi [India], January 21 (ANI): Union Minister of Commerce and Industry Piyush Goyal, who is in Brussels, met with the delegation of Antwerp World Diamond Centre (AWDC) on Monday and asserted ...
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The minister, who is in Brussels, met with the delegation of Antwerp World Diamond Centre (AWDC) and conveyed India’s stand on safeguarding the interests of its small and medium enterprises and ...
Commerce and Industry Minister Piyush Goyal, during his visit to Brussels, asserts India's commitment to protecting small and medium enterprises in the diamond industry by requesting the EU to ...