Uttar Pradesh - Register for Diamond Trading License

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Procedure

To Register for Diamond Trading License, the applicant must obtain membership from the Gems and Jewellery Export Promotion Council (GJEPC) and complying with certain regulations set by the government. The GJEPC is the apex body of the gem and jewellery industry in India, and membership is essential for engaging in diamond trading and exporting.

Step 1: Register Membership Online

1. To register for membership, the applicant has to make the application online via following link link
2. The applicant must click registration and select type of registration either Domestic or International.
3. Once user registration is completed, user will receive an email with credentials.
4. Login to the portal using the following link link by enter email address, password, and captcha.
5. Then Start filling forms starting from “Application form for Associate Membership.”
6. The System will automatically take you through to next form once the current form is saved.
7. Next the applicant must make payment of fees will be initiated through challan form via net banking/Debit card/Credit Card/NEFT.
8. Once completed print all forms from – “Print Application/Challan form” and approach head office or respective regional office of GJEPC

Step 2: Submission of documents to head office or respective regional office of GJEPC

1. The applicant must approach the head office or nearby regional office of GJEPC and submit the documents. link
2. The necessary Documents are mentioned in required documents section of this page.
3. Complete any other formalities requested by the GJEPC during the application process.
4. The GJEPC may conduct an inspection of your business premises to ensure compliance with industry standards and regulations.
5. After scrutiny and satisfaction, if the applicant is not a defaulter, the Registration cum Membership Certificate is issued to applicant. This license allows you to engage in diamond trading and export activities.
6. This entire process can be completed within 30 days or as per the timeline advised by the respective department authority.

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Required Documents

• Application form for Associate Membership, Application form for (RCMC) and challan form duly signed by Proprietor/Partner/Director as the case may be
• Signature Slip (Online form) signed by Proprietor/Partner/Director and attested by banker of applicant
• Self-attested copy of Import Export Code (IEC) issued by O/o Director General of Foreign Trade
• Self-attested copy of PAN and Partnership Deed / Memorandum & Articles of Association as the case may be
• Self-attested copy of MSME(UAN)/SSI/IM, if applied under Manufacturer category
• Self-attested copy GST certificate (for all states if office/branches situated in different states), Not applicable for Micro Associate Membership
• Self-attested copy of PAN, Passport and Aadhar of Proprietor/Partner/Director as the case may be

Office Locations & Contacts

Gems and Jewellery Export Promotion Council (GJEPC)


Head registered office
D2B, D-Tower, West Core Wing, Bharat Diamond Bourse,
Bandra Kurla Complex, Bandra (E), Mumbai - 400 051,
Maharashtra, India
Tell: 022 4226 3600
Web: =www.gjepc.org link]
Email: ho@gjepcindia.com


Regional Office


CHENNAI
Ankur Plaza III Floor, 113 (Old No 52) G.N. Chetty Road, T. Nagar
Chennai - 17.
Tel: 044 - 42124045
Email: chennai@gjepcindia.com


DELHI
G-42 to 63, 2nd Floor, Flatted Factories Complex, Jhandewalan,
New Delhi - 110 055
Tel: 011 - 4626 6920 to 4626 6925
Email: delhi@gjepcindia.com


JAIPUR
Rajasthan Chamber Bhawan, 3rd Floor, Mirza Ismail Road,
Jaipur - 302 003.
Tel: 0091-141-256 8029 / 257 4074
Fax: 0091-141-256 7921


KOLKATA
Vanijya Bhavan, 6th Flr, Left Wing, 1/1, Wood Street,
Kolkata - 700 016.
Tel: 0091-33-2282 3630 / 2282 3629
Fax: 0091-33-2282 3629
Email: kolkata@gjepcindia.com


SURAT
401-A, International Commerce Centre, Near Kadiwala School, Ring Road,
Surat - 395002
Tel: 0261 - 2209000
Fax: 0261 - 2209040
Email: surat@gjepcindia.com
Contact Details – link

Eligibility

The eligibility to apply for diamond trading license are listed below

• The applicant must have a legally registered business entity related to the gems and jewellery industry. This could be a manufacturer, exporter, trader, or any other business involved in the gem and jewellery trade.
• The applicant's business should be engaged in genuine gem and jewellery-related activities, and it should be operational and active.
• The applicant may need to meet certain financial criteria, such as a minimum turnover, to qualify for GJEPC membership. The specific turnover requirement can vary depending on the category of membership applied for (i.e., manufacturer, exporter, etc.).
• For applicants involved in export activities, compliance with export regulations and export documentation requirements is essential. Having an Import-Export Code (IEC) issued by the Directorate General of Foreign Trade (DGFT) is typically mandatory for export-oriented businesses.
• The applicant's track record and reputation in the industry may be taken into consideration during the membership application process.
• The applicant must have a valid Goods and Services Tax (GST) registration, as it is a mandatory requirement for businesses in India engaged in trade and commerce.

Fees

• Export & Domestic turnover up to Rs. 40 lakhs (For Associate Micro Membership) - 1298
• Export Up to Rs.25 Lakhs - 16992
• Export above Rs. 25 lakhs &up to Rs. 1 Crore - 22420
• Export above Rs. 5 Crore &up to Rs. 15 Crore - 49560
• Export above Rs.15 Crore &up to Rs. 50 Crore - 63130
• Export above Rs.50 Crore &up to Rs. 100 Crore - 97114
• Export above Rs.100 Crore &up to Rs. 500 Crore- 144550
• Export above Rs.500 Crore & up to Rs 1000 Crore - 212400
• Export above Rs. 1000 Crore - 280250

One time admission fees of Rs. 7500/- Plus GST is payable for new membership (Not applicable for Associate Micro Membership)

Validity

• The validity of Diamond Trading license is five years.

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 30 days or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

Account Information

• Email address (Username)
• Company PAN No
• GSTIN Holder Status
• Company GSTIN

Company Information

• Company Type
• Company Name
• Address
• Pin code
• Country
• State
• City
• Landline No
• Mobile No
• Business Nature

Need for the Document

• Diamond Trading License is a legal authorization or permit that allows an individual or a business entity to engage in the buying, selling, trading, importing, exporting, cutting, polishing, or dealing in diamonds and diamond-related activities.

Information which might help

• The purpose of a Diamond Trading License is to ensure that diamond trading operations are conducted in a transparent, regulated, and lawful manner. It helps to monitor and control the diamond trade, prevent illegal activities like smuggling, and ensure compliance with ethical and legal standards within the gem and jewelry industry.
• For more information – link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

link

Others

The benefits of having a Diamond Trading License include:

• The ability to legally trade in diamonds.
• The ability to access diamond markets.
• The ability to build relationships with other diamond traders.
• The ability to obtain insurance for your diamond business.