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Informative

Jewellery Export Regulations: DGFT keeps Public Notice on Permissible Wastages in Abeyance till August 31, 2024

Update / Judgement Date

31 Jul 2024

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate ComplianceExcise, VAT & CustomInternational Taxation

The Directorate General of Foreign Trade (DGFT) has put a hold on a public notice regarding permissible wastages for jewellery exports until August 31, 2024. This pause allows stakeholders more time to adapt to changes in the guidelines. The decision affects the export policy for gold, silver, and platinum jewellery and aims to address industry concerns and ensure compliance with international standards.