Jewelry and gems are the important styling factors to define the fashion statement nicely. These gems play a pivotal role in turning the wheel of investment and a symbol of wealth and status in the economy. These rising demands of gems and jewelry in larger mass enforce the establishment of the organization called the Gem & Jewelry Export Promotion Council (GJEPC) in order to promote, innovate, and integrate exports from India throughout the country.
According to the latest data, the jewelry exports have reached US$ 32.02 in FY 2024. Moreover, between April 2000 and March 2024, cumulative FDI inflows into diamond and gold ornaments in India were $1,276.52 million. This development has made the GJEPC registration remarkable as the industry continues to grow on a large scale and it might have a certain possibility that the export of jewelry may involve unethical practices.
In order to organize, structure, and regulate the jewelry and gems industry, the GJEPC plays a vital role in getting your jewelry and gem exports without having much delay in getting your registration for exporting. In this whole article, we will provide you with complete insights into getting GJEPC registration to make your trading easier for the jewelry and gems.
The GJEPC (Gem & Jewelry Export Promotion Council) registration is a type of evidence proof that is used for exporting the gems and jewelry by legally complying with the international standard and regulations. This registration helps to ensure that the jewelry exports don’t operate the trading unethically from India and manage the operation of the gems exports as a bridge to allow government direct benefits, policy implementation, and export growth.
This registration eases the function of the exporting facilities, which makes the jewelry promotion better and gains goodwill for Indian gems and jewelry in the global market.
Here are the objectives of GJEPC (Gem & Export Promotion Council), which are as follows:
Here are the benefits of GJEPC registration in India:
In order to obtain the GJEPC RCMC, an applicant needs to meet the following eligibility criteria for the GJEPC certificate:
Here are the products covered under the Gem & Export Promotion Council:
Following are the documents required for obtaining GJEPC registration:
The fees charged for the GJEPC certificate depend on the trade or export performance of the applicant.
Performance Category | Membership Fee |
---|---|
Export upto 25 lakhs | ₹ 6,000 |
Export above ₹ 25-1 lakh | ₹ 10,000 |
Export above ₹1 crore-5 crore | ₹15,000 |
Export above ₹5 crore up to ₹ 15 crore ₹30,000 + 18% GST | ₹30,000 |
Export above ₹ 15 crore upto ₹ 50 crore | ₹40,000 |
Export above ₹ 50 crore upto ₹ 100 crore | ₹65,000 |
Export above ₹100 Crore up to ₹500 crore | ₹1,00,000 |
Export above ₹500 crore | ₹2,00,000 |
Admission Fee | ₹5,000 |
Note: GJEPC is not more than ₹5,000, including 18% GST (not applicable for associate micro membership).
You can easily apply for your Gem & Jewelry registration by following the given steps:
Gather all the required documents for the GJEPC membership registration, such as the company registration certificate, PAN card, GST registration number, bank account details, or product samples of gems and jewelry goods for registering under the Gems & Jewelry Export Promotion Council (GJEPC).
Get in contact with our Bizfoc team for consulting your application under GJEPC registration online. After getting in touch with our team, our team will communicate all your doubts and queries to solve your subject.
The next step is to ensure that your status of application submission is completed and filled by the experts on behalf of the applicant with all the requisite documents for registering under the rubber board.
The Gems & Jewelry Export Promotion Council (GJEPC) will review your application and documents to verify the authenticity and eligibility of your company. They may also conduct a visit to your premises to assess your manufacturing facilities and processes. Your product samples will be evaluated to ensure they meet cashew quality standards.
Once your application is approved, you will be required to pay the necessary registration fees.
Upon successful completion of the above steps, GJEPC will issue your Gem & Jewelry Board certificate. This certificate will enable you to avail various benefits and services offered by the Jewelry Board.
The validity of the GJEPC certificate is typically for one year from the date of issuance. Furthermore, the renewal of the GJEPC certificate should be renewed once every 12 months so that the applicant won’t face any legal constraints for exporting gemstones and jewelry.
Generally, the time taken to obtain the GJEPC RCMC Certificate typically counts for 2-3 weeks from the date of application. You have to keep an eye on each detail to get your certificate so that you can easily avoid the associated risks and delay in acquiring your RCMC Certificate.
Here are the top five reasons why you should choose Bizfoc for registering themselves under GJEPC membership registration:
We, the team of Bizfoc experts, will help you to overcome the problems via communication mediums regarding GJEPC membership online. You can either contact us by way of email or direct phone number to get connected to our experts without any hesitation. So, for registering for your jewelry goods under GJEPC membership, get free assistance today to proceed with your application successfully by undergoing hassle-free procedures.
The GJEPC registration in India gives rise to the emergence of exports of gems and jewelry in India. With the continuous rise of fashion styling and the adornment of people in India, the Gem & Jewelry Export Promotion Council (GJEPC) flourishes. To obtain the GJEPC registration in India, an applicant needs to first consult with their expert advisor so that the certificate will be issued with the support of our expert team. By taking the membership under this registration, one can easily find out how to export their jewelry and gems by complying with legal standards and regulations.
GJEPC registration is a type of evidence proof that ensures that the gem exports will adhere to the international standards and regulations. These certificates mean you are liable to trade your goods globally, which should be devoid of unethical practices.
Yes, you may apply for the GJEPC RCMC certificate at the admission cost of ₹ 5,000, including 18% GST. However, this may not be applicable to associate micro membership.
The time taken to obtain the GJEPC certificate typically takes around 2-3 weeks from the date of application.
Yes, the GJEPC offers assistance with international trade fairs or exhibitions to promote your jewelry brand globally.