Exports of gold jewelery from India to United Arab Emirates (UAE) declined immediately by 56% in January 2017 due to a 5 percent import duty levied by the Government of the United Arab Emirates on 1 January.
Indian exports of gold jewelery in the UAE for January 2017 decreased to $ 148.1 million compared with $ 334.1 million in the corresponding month last year.
Global jewelers clients use tax incentives in Dubai to buy gold and jewelry. Thus, the leading countries for the production of gold jewelry in the world conduct their exports through Dubai. After the introduction of a 5 per cent import duty shipment of gold jewelry in Dubai declined sharply from all over the world, including India.
http://digg.com/u/jetjewelry
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Joyalukkas Jewellery received the award "Best Brand in terms of service" (Best Service Performance Brand) from the Dubai Department of Economic Development. The award ceremony was held at the Dubai World Trade Center and was organized by the Dubai Service Excellence Scheme (DSES).
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