Jewellers seek removal of GST on exhibition items
The gems and jewellery industry is not only facing headwinds for exports but also feeling the heat of tax burden. While the exporters have long been demanding to remove the 3% GST on unsold products brought back after participating in overseas exhibitions, the 3% GST coloured stones for using jewellery in the domestic market has been an irritant for the manufacturers. “There is no logi…