About GJC

A RICH ORIGIN. AN EXTRAVAGANT AFFAIR.

Brilliance takes shape when experience meets the passion of creation

Promoting Protecting Progressing

All India Gem And Jewellery Domestic Council is a national trade federation established with the objective to address the industry, its functioning and its cause with a 360° approach to promote and progress its growth, while protecting the industry’s interests. As a self-regulated trade body, GJC, since the last 14 years, has been serving as a bridge between the Government and the trade as well as undertaking various initiatives on behalf of and for the industry.

GJC represents the interests of over 3 lakh gem and jewellery businesses from across the country. GJC represents various industry segments such as Manufacturers, Retailers, Wholesalers, Allied, gold, silver, platinum, diamonds, Gem stones, machinery, etc. including the entire industry value chain from bullion to retail.

GJC also undertakes various initiatives and programmes that are aimed at improving industry business practices, promote compliance, standardization and transparency, promoting professionalism for the growth and development of the industry sector. The organization also initiates various promotional activities to further retail businesses as well as manufacturing segments through various dedicated platforms designed for the purpose.

With the view to develop skills, promote entrepreneurship and expand career opportunities, GJC undertakes various educational programmes for skills upgrade of artisans, retail segment, etc., offers sponsorship to deserving design students and works closely with various gem and jewellery institutes to encourage talent and facilitates opening up of opportunities for an emerging workforce.

Our Achievements

Excise duty rollback in 2005

The inception of GJC, then GJF was with a very clear objective to see the constructive growth & development of the industry across India in the right direction. GJC held multi-city conferences with industry leaders and made representations to the Union Finance Minister on excise duty levy. Industry concerns were explained and finally, efforts paid off when the levy was a rollback in 2008.

Excise duty rollback in 2012

In 2012, Excise Duty was again implemented on the Gems & Jewellery Industry. GJC took this burning issue on top priority and represented it to the Government, resulting in rollback of Excise Duty.

Pivotal role in abolishing 80:20 scheme

GJC played a pivotal role in abolishing 80:20 Gold scheme, which was severely hampering the growth of the Gems & Jewellery Industry. GJC organised multiple meetings with important stakeholders of the industry and Government, to represent this concern.

Excise Duty in 2016

The Union Budget 2016, levied Excise Duty on the Gems & Jewellery sector, wherein GJC vital role in removing the fear of Excise Raaj amongst the trade and bringing in ease of business with support from the Government. The government then leased various circulars and notifications, accepting most of the demands made by the jewellers, thus ensuring almost 85% of the industry out of the ambit of Excise Duty.

PAN Card Limit on Jewellery Sales

GJC has been proactively representing the concerns pertaining to the mandatory requirement of PAN card copy submission on purchase of 2 lakhs and above. Time and again, GJC highlights this concern to the Government to raise the limit to 5 lakhs.

Representing Concerns on Hallmarking

GJC has been representing industry case on hallmarking before the Ministry of Consumer Affairs and the Bureau of Indian Standards (BIS) time and again. It has held various regional meetings and is now working closely with the abovementioned bodies on policy formulation.

GST @ 3% for Gem and Jewellery Industry

GJC in a very short span, met Finance Minister, Revenue Secretary, members of GST council and more than 25 state Finance Ministers, and represented the concerns of higher GST which was proposed at 7% initially. Through a rigorous approach and discussion, the Government implemented 3% GST for the Gems & Jewellery Industry. A separate slab of GST is only witnessed in the Jewellery Industry.

Pro-Active approach in Pre-Budget Recommendations

As an apex body of the Gems and Jewellery Industry, to safeguard the industry and its affiliates, GJC has been giving great importance to industry needs and demands. Since its inception, it has been preparing pre-Budget recommendations every year, which is sent to various Ministries.

Protect the G&J industry against the ambit of “Prevention of Money Laundering Act (PMLA)”

On January 29, 2013, GJC convened various meetings with members to discuss the Prevention of Money Laundering Act (PMLA). Over 45 days, the GJC team met key dignitaries in Ministry, Financial Intelligence Unit and many other Govt bodies and helped the industry get out the ambit of PMLA.

Educating the Industry through Seminars and Meets

One of the prime objectives of GJC is to assist the Industry to become more organized and to do so, GJC since its inception has held many seminars and meets on important subjects such as GST, Hallmarking, PMLA, Excise, Import Duty, Taxation, Compliance, etc to protect the interest of the industry and share knowledge to the fraternity.

CSR Activities

GJC also undertakes various CSR activities on behalf of the industry during any natural calamities or any crucial period to help the society, such as Nepal Flood relief, Mumbai Bomb blasts victim fund, Kerala flood relief fund etc.

About GJS

AGE OLD HERITAGE, BRAND NEW LEGACY

To further jewellery promotion in India, GJC proudly presents it's 1st B2B Jewellery Expo “INDIA GEM & JEWELLERY SHOW(GJS)” in Mumbai from 24th – 28th June 2021 at Bombay Exhibition Centre, Goregaon East, Mumbai. GJS 2021 will comprise the top of the line manufacturers/wholesalers of Gems & Jewellery as well as dealers from all over the industry. GJS 2021 will assemble the best retailers, wholesalers, manufacturers, traders, and delegates from across India. GJS 2021 endeavors to be the ultimate sourcing platform for doing business and a must-attend for every jeweler interested in the Indian market. GJS 2021 will include the participation of a large number of exhibitors from India.

The show will create a conducive atmosphere for the Retailers to explorevarious exclusive and trendsetting Jewellery and encourage a strong business relationship.

A new Journey, shining opportunities

A tribute to a 5000-years-old heritage is a brand new expo, spanning across 40,000 sq. meters set to create industry-wide ripples of change.

The show will have participants from

Gold Jewellery

Diamond Jewellery

Loose stones and gemstones

Silver Jewellery & Artifacts

Allied and Machinery

The Promise

650+

Exhibitors

100+

Cities road shows

20,000+

Visitors

2,000+

Hosted buyers

Committee Members

Anantha Padmanaban
Anantha Padmanaban
Chairman GJC
Shaankar Sen
Shaankar Sen
Vice- Chairman GJC, Convener GJS 2021
Saiyam Mehra
Saiyam Mehra
COA Member GJC,
Co-Convener GJS 2021
Ashish Pethe
Ashish Pethe
Zonal Chairman
West - GJC
Nitin Khandelwal
Nitin Khandelwal
Immediate Past Chairman, GJC
Ashok Minawala
Ashok Minawala
Past Chairman GJC,
Committee Member GJS
Avinash Gupta
Avinash Gupta
COA Member GJC
Madan Kothari
Madan Kothari
COA Member GJC
Nilesh Shobhawat
Nilesh Shobhawat
COA Member GJC
SanjayAgrawal
Sanjay Agrawal
COA Member GJC
Sahil Mehra
Sahil Mehra
Committee Member GJS
Sunny Dholakia
Sunny Dholakia
Committee Member GJS