GST Rate On Polished Diamonds

Dhanteras shopping list now includes lab-grown diamonds, digital gold

Lab-grown diamonds have become more popular in this year's festive season as prices plunged to less than half year-on-year

Updated On: 15 Nov 2023 | 10:47 AM IST

Around 94% of polished diamond to benefit from lower GST rate of 0.25%

Apart from freeing up blocked working capital, move will help overcome ambiguity in tax structure and avoid mis-declaration and tax evasion

Updated On: 20 Jan 2018 | 12:35 AM IST