GJEPC lauds govt’s move to simplify jewellery e-commerce policy

Mumbai, June 17 (KNN) The Gem and Jewellery Export Promotion Council (GJEPC) has welcomed the government’s decision to simplify the jewellery e-commerce policy.

The recent notification and circular issued by CBIC has reduced the documentation requirements and simplified shipping bill details.

Lauding the government’s decision, GJEPC chairman Vipul Shah said, “We are pleased to see the government's acceptance of our recommendations to simplify the policy on jewellery e-commerce. The recent notification and circular issued by CBIC reflect their responsiveness to industry needs and will benefit the exporters.”

“The reduction in documentation requirements and simplified shipping bill details will make the export process more efficient and contribute to the growth of e-commerce exports in the gem and jewellery sector,” Shah added. 

GJEPC in a statement said that the new guidelines eliminate the requirement for exporters to fill out specific additional fields related to item-level identification of jewellery.

Further, certain document attachments that were mandatory while filing the courier shipping bill-V have been removed, it added. 

Meanwhile, a one-month transition period has been provided, and in the first phase, exports will begin through Bengaluru, Delhi and Mumbai, it said.  (KNN Bureau)