Sunday, May 28, 2017

Gold jewellery consumed in Dubai goes from India

Kolkata: Dubai has imposed a 5% import duty on gold and diamond jewellery, a move which is likely to hurt Indian exports at a time when demonetisation has hit business at home.

The new levy may , however, boost bridal jewellery sales in India because many Indian shoppers had turned to Dubai owing to the cheaper gold there and the price difference may no longer be attractive enough.

“Nearly 45-50% of gold jewellery consumed in Dubai goes from India.It will hurt some big  ..

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yuki said...

nice post.

Max said...

There are some interesting points in time in this article but I don’t know if I see all of them center to heart. There is some validity but I will take hold opinion until I look into it further. Good article, thanks and we want more! Added to Feed Burner as well.

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