National News
D.P. Jewellers Announces Multi-City Jewellery Exhibition Series Across Rajasthan and Madhya Pradesh
Category-led festive showcases spotlight diamonds, polki, rings, chains, and bangles across key Central Indian markets, offering curated experiences during the wedding season.
D.P. Jewellers has announced a multi-city jewellery exhibition series across key markets in Rajasthan and Madhya Pradesh during the ongoing festive and wedding season. The initiative brings together a range of focused showcases, each centred on a specific jewellery category, aimed at offering customers a more curated and immersive shopping experience.
As the season gathers pace, jewellery buying across Central India continues to reflect a preference for thoughtful design, trusted craftsmanship, and collections that balance tradition with everyday relevance. The exhibition series responds to this shift by presenting category-led assortments that highlight contemporary styling alongside the brand’s long-standing design ethos.
In Kota, D.P. Jewellers is hosting the World of Diamonds Festival from December 22 to December 31, 2025. The exhibition showcases an extensive range of natural diamond jewellery including solitaires, bridal creations, layered diamond styles, and modern minimal designs. The collection draws from global design influences while retaining local cultural elements, offering pieces suited for both occasion wear and long-term investment.
Banswara is hosting the Diamond and Polki Festival from December 23, 2025, to January 7, 2026. The showcase brings together traditional polki craftsmanship and contemporary interpretations, featuring uncut diamond jewellery across necklaces, earrings, and bangles. The festival highlights the artistry and enduring appeal of polki designs while introducing exclusive selections curated for the region.
In Bhilwara, D.P. Jewellers has introduced the Rings and Earrings Festival, running from December 23, 2025, to January 7, 2026. The exhibition presents a dedicated curation of gold, diamond, and platinum rings and earrings, including preview collections not part of the regular in-store assortment. Select live customisation options and expert styling interactions further enhance the in-store experience.
The brand is also hosting Chain and Bangle Festivals in Indore and Udaipur, focusing on everyday and occasion-led jewellery staples. The Indore exhibition runs from December 23, 2025, to January 7, 2026, while the Udaipur edition is scheduled from December 20 to December 31, 2025. Both showcases feature curated selections across gold, diamond, and platinum chains and bangles, supported by exclusive preview collections and on-ground engagement initiatives.
Through this multi-city exhibition programme, D.P. Jewellers continues to strengthen its presence across core markets while offering customers focused collections that reflect evolving preferences, transparency in sourcing, and consistent craftsmanship.
National News
GJEPC addresses issue of Termination of IEEPA-Based Reciprocal Tariffs
GJEPC informed all exporter members of an important interim development concerning U.S. import duties applicable to Indian exports, particularly in the gem and jewellery sector.
The Gem & Jewellery Export Promotion Council (GJEPC) informed all exporter members of an important interim development concerning U.S. import duties applicable to Indian exports, particularly in the gem and jewellery sector.
A letter issued by Sabyasachi Ray, Executive Director, GJEPC, addressed the Termination of IEEPA-Based Reciprocal Tariffs and outlined key implications for exporters.
Termination of IEEPA-Based Reciprocal Tariffs
Pursuant to the Executive Order dated February 20, 2026, titled “Ending Certain Tariff Actions”, the additional ad valorem duties imposed under IEEPA, including the reciprocal tariff framework under Executive Order 14257, shall no longer remain in effect and are directed to be terminated as soon as practicable.
Accordingly, entries made on or after February 20, 2026 should not be subject to the earlier IEEPA-based reciprocal tariffs.
1. Interim Window Prior to Section 122 Surcharge
A separate Presidential Proclamation dated February 20, 2026 imposes a temporary 10% surcharge under Section 122 of the Trade Act of 1974, effective 12:01 a.m. EST on February 24, 2026.
Therefore, between: February 20, 2026 – before 12:01 a.m. EST on February 24, 2026 imports into the United States should be subject only to ordinarily applicable HTSUS (MFN) rates, without the earlier reciprocal tariff, and prior to the commencement of the Section 122 surcharge.
For products such as cut and polished diamonds (where the MFN rate is ordinarily 0%), this period represents a limited operational window.
2. Refund Position (If Collected in Error or Due to Implementation Lag)
In cases where reciprocal IEEPA duties are collected due to implementation lag, such duties should be eligible for refund through the standard:
- U.S. Customs and Border Protection (CBP) protest mechanism under 19 U.S.C. §1514, or
- Post-summary correction procedures, as applicable.
However, exporters should note that there is no assurance that the refund process will not be time-consuming.
3. Important Caution for Exporters
While GJEPC is actively engaging with U.S. customs authorities and keeping customs at Bharat Diamond Bourse informed, members are strongly advised to:
- Seek confirmation from their U.S. customs broker and trade counsel
- Obtain written confirmation from their U.S. buyer/importer regarding entry treatment
- Confirm that CBP has ceased collection of the reciprocal tariff at the port of entry
Given the evolving implementation environment, entry-level verification is critical.
Members are encouraged to carefully assess:
- Shipment timing
- Entry dates
- Applicable HTS classification
before dispatching consignments, wherever applicable.
source: GJEPC
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