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In this issue

The govt decision of reversing its August order of bringing gems and jewellery dealers under the purview of the reporting requirement of the Prevention of Money Laundering Act (PMLA) was a big relief to the jewellers. Another good news for the industry exemption of IGST on gold imports which allows banks and 5 canalising agencies, including MMTC, MSTC to import gold without paying 3 per cent Integrated Goods and Service Tax (IGST). It is again an appreciated move as it will smoothen the process of import. Kerala’s appetite for gold is known all and it is the golden hub of the country housed with iconic jewellery retail brands. It was an honour to co-organise Kerala Jewellery Show with the renowned association of Kerala, the AKGSMA. It is just the first edition and looking forward to more editions. Talks about Kerala jewellery industry is incomplete without its Association. ALL Kerala Gold and Silver Merchants Association (AKGSMA) which was set up in the year 1946. Our cover story on its commencement, role, objectives will give you a clear picture of the association and its contribution and service towards the welfare of the jewellers of Kerala. Read on… Our regular articles like special reports, centre stage, and other columns promises to keep you updated and informed. So don’t miss this edition Happy Reading!

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