Tag: jewellers

Government redefines SME status for small jewellers

In a relief to SME jewellers, the government increased excise duty exemption limit for small and medium enterprise (SME) sector to Rs 10 crore from Rs 6 crore, waived the levy on sale of traded goods and relaxed various procedural norms, reports media. Accepting the recommendations of a panel, th…

IIJS 2016 opens doors for young innovators & MSME sector

In a welcome move, IIJS 2016 plans to introduce “Hall of Innovation” product gallery and a dedicated section for MSME sector in Hall no. 2 at Bombay Exhibition Centre. These new features are being introduced to encourage highest levels of craftsmanship and provide equal opportunities …