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* Dubai gold exports trade seen down 60 pct, dealers say * Rising scrap supply in India weighing on imports * Gold smuggling into India expected to increase
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Dubai has imposed a 5% import duty (from 036%) on gold and diamond jewelry as of January 2017, opening the debate on who will win or lose: India's exporters of said jewelry, or their domestic market purveyors and consumers; local manufacturers in Dubai, or their exporters of Indian gold and diamond items?
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Hassle-free travel with gold jewellery to India Dubai: Indian expats can easily travel in and out of India with gold jewellery if they follow due procedure, the Indian Consulate in Dubai has clarified
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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 .
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