GJEAI

Comprehensive Services for Your Business Success

GJEAI offers a range of specialized services designed to address the critical needs of gems and jewellery entrepreneurs. We provide expert guidance, advocacy, and practical support to help you navigate the complexities of trade and regulation, allowing you to focus on growing your business.

Navigating Foreign Exchange & Banking Regulations

Understanding and complying with the Reserve Bank of India (RBI) regulations and the Foreign Exchange Management Act (FEMA) is crucial for businesses involved in international trade. GJEAI assists members by:

Providing clear interpretations of RBI guidelines related to exports, imports, and foreign currency transactions.
Offering guidance on documentation, including Bank Realization Certificates (BRCs) and Electronic Bank Realization Certificates (EBRCs).
Addressing member queries on FEMA compliance, overseas remittances, and related banking procedures.
Liaising with RBI on behalf of the industry to represent issues and seek clarifications.
Conducting workshops and information sessions on the latest RBI/FEMA updates relevant to the sector.

Stay compliant and streamline your financial operations with GJEAI's support.

Expert Assistance with Import - Export & Customs

Efficiently managing Customs procedures is vital for smooth cross-border movement of goods. GJEAI provides comprehensive support on Customs matters, including:

Guidance on import and export regulations specific to gems, jewellery, and related materials.
Assistance with understanding valuation rules, duty structures, and tariff classifications.
Support in navigating specific schemes like Advance Authorisation, EPCG, and procedures for SEZ/EOU units (including deemed exports).
Liaising with various Customs formations (Preventive, ICDs, Ports) to resolve member issues and advocate for procedural improvements.
Disseminating updates on Customs notifications, circulars, and changes in procedures. Ensure hassle-free import and export with GJEAI's expert Customs support.

Mastering DGFT Regulations & Export-Import Policy

The Directorate General of Foreign Trade (DGFT) governs India's export and import policies and procedures. GJEAI helps members effectively engage with DGFT by:

Providing detailed explanations and updates on the latest Foreign Trade Policy (FTP).
Guiding members on applying for and utilizing export promotion schemes relevant to the gems and jewellery sector (e.g., schemes replacing MEIS/RoDTEP, Advance Authorisation, EPCG).
Assisting with obtaining necessary licenses, permits, and addressing End Use Certificates (EODC) matters.
Representing industry concerns and proposing policy recommendations to DGFT for a more conducive trade environment.
Offering clarity on documentation requirements and online application processes through the DGFT portal.

Navigate the complexities of foreign trade policy with confidence, supported by GJEAI.

Expanding Your Global Market Reach

GJEAI is dedicated to promoting Indian gems and jewellery on the world stage. We actively support our members' export ambitions by:

Hosting buyer-seller meets both in India and overseas to create direct business linkages
Providing market intelligence, consumer trends, and insights into target export destinations.
Connecting members with relevant international trade bodies and organizations.

Additional Support for Your Growth

Beyond regulatory compliance and export promotion, GJEAI provides valuable services including:

Information Dissemination: Regular updates on policy changes, market news, and industry trends through circulars, newsletters, and the website.
Advocacy: Representing member interests on critical issues like taxation, infrastructure, and skill development to relevant government bodies.
Networking: Opportunities to connect with peers, industry experts, and potential business partners through events, seminars, and meetings.
Resources: Access to valuable reports, market data, and directories.
Training & Skill Development: Initiatives to enhance technical skills, design capabilities, and business management knowledge.

GJEAI is your comprehensive resource hub for navigating the gems and jewellery landscape in India and globally.