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Cut and polished diamonds lose sheen, FY12 imports down 30%

Diamonds have lost their sparkle. The Gold and Jewellery Export Promotion Council, or GJEPC, says the 2% customs duty on import of cut and polished diamonds has pushed FY12 imports down 30%, reports CNBC-TV18's Farah Bookwala.

first published: Apr 20, 2012 09:55 pm

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