Chirayu Software Solutions

  IIBX Opens the Door for RCMC Holders: What the New Qualified Jeweller Onboarding Fees Mean for Exporters A New Pathway for GJEPC-Registered Jewellers On 15th July 2026, the India International Bullion Exchange (IIBX) issued Circular No. IIBX-MEM-2026-060, laying out the fees and charges applicable for onboarding Registration-cum-Membership Certificate (RCMC) holders as Qualified Jewellers on the exchange. If you're a gem and jewellery exporter holding an RCMC issued by the Gem & Jewellery Export Promotion Council (GJEPC), this circular is directly relevant to you — it formally sets the cost of entry for bringing your business onto IIBX's bullion import framework. This is a Membership category circular under the Spot segment, and unlike the transaction charge revisions issued the same day for silver contracts, this one is about the structural cost of participation itself — what it costs to become a Qualified Jeweller through the RCMC route in the first place. Who Are R...

 IIBX Revises Silver Contract Charges: What Bullion Traders Need to Know in 2026 A Fresh Circular, A Familiar Message: Costs Are Changing on the Exchange If you trade silver on the India International Bullion Exchange (IIBX), there's a new development worth pausing on. On 15th July 2026, the Exchange issued Circular No. IIBX-MEM-2026-059, announcing revised Transaction Charges and Document Handling Charges for Silver Contracts. The changes are effective immediately, which means every member trading silver products on the Spot segment needs to factor these updated numbers into their cost calculations starting right now — not next quarter, not after a grace period, but from the date of the circular itself. For anyone involved in bullion trading — whether you're a broker, a jeweller sourcing silver through the exchange, or a compliance officer tracking regulatory updates — circulars like this one are more than administrative footnotes. They directly affect margins, pricing mode...

In a significant move for India’s bullion and jewellery industry, the Directorate General of Foreign Trade (DGFT) has officially extended the validity of Tariff Rate Quota (TRQ) Authorisations for the import of gold under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) until 30th September 2026 . This extension, announced through Public Notice No. 18/2026-27 dated 1st July 2026 , provides relief and clarity to importers, traders, and jewellers who depend on gold imports under the preferential trade agreement. What is the TRQ for Gold Imports? The Tariff Rate Quota (TRQ) system allows eligible importers to bring gold into India at concessional duty rates under a predefined quota. Under the India-UAE CEPA agreement, this mechanism helps Indian businesses import gold at more competitive costs, improving liquidity and price efficiency in the domestic market. The tariff head covered under this notice is 7108 , which relates specifically to gold. What Has Changed? ...