Timeline: Contained In The Tiffany & Co And Lvmh Merger

One of the important thing regulatory our bodies overseeing the jewelry market is the Bureau of Indian Standards . BIS sets high quality standards in addition to specs for gold, silver, and different metals used in jewellery manufacturing. Under these regulations, jewelers must acquire BIS certification, and make sure that their merchandise meet the prescribed standards Jewelery News. The Goods and Services Tax has a central role to play in regulating the jewelry business. Implemented in 2017, GST has streamlined taxation in this market by changing numerous indirect taxes. It has additionally brought higher transparency to transactions in addition …