Traders are focusing on clearing current stock quite than accumulating more, which might necessitate additional borrowing. The Central Board of Indirect Taxes and Customs is initiating the formation of a panel to deal with the concerns raised by the gems and jewelry business associated to customs clearances. The industry has highlighted points such as the lack of valuers, challenges with the hand-carriage of gems and jewellery, and concerns in regards to the Remission of Duties or Taxes on Export Products scheme. Officials said that there will be no double checks on India’s export of minimize and polished diamonds because the country uses diamonds coming by way of Antwerp and different geographies, and not instantly from Russia.

• Jewellery in Greece was hardly worn and was largely used for public appearances or on special occasions.
• This type of inventive protest continues to today throughout multiple mediums.
• Much of the jewelry discovered was