New Delhi, May 13 (IANS) The Gem and Jewellery Export Promotion Council (GJEPC) on Wednesday urged the government to hold consultations with industry stakeholders after the recent hike in gold import duty, saying that higher duties do not reduce imports but instead lead to a rise in prices and encourage smuggling.In a statement, the council said that increasing import duties on gold has historically failed to curb imports, even as gold prices have nearly doubled in recent years without a proport…
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New Delhi, Dec 27 (IANS) The ease of doing business is a continuous journey requiring sustained collaboration between Customs, partner agencies, custodians, and the trading community, government officials and other stakeholders said on Saturday.At the Customs Clearance Facilitation Committee (CCFC) meeting here, under the chairmanship of the Chief Commissioner of Customs, Delhi Zone, stakeholders raised key operational issues which were constructively discussed, leading to actionable outcomes th…