Ijma Jewels

Established in 1986 by some far-sighted entrepreneurs with the purpose of collective growth of the imitation jewellery industry and making India as international hub of Imitation Jewellery. This premier trade body has strength of more than 3,000 members across the country. The construction of state of Art Complex called IJMIMA for the members of the imitation and fashion jewellery industry was inaugurated in the year 2006.

IJMA is a representative body of the imitation jewellery industry at all government levels to raise issues related to the industry. Member of National Adhoc – Committee for Domestic Council of Gems and Jewellery constituted by the Ministry of Commerce and Industry. IJMA represents the imitation jewellery vertical in the Gems and Jewellery Export Promotion Council of India. Made several representations to the Government of India and GJEPC for allotment of one seat for the imitation jewellery industry in the executive committee of GJEPC. The Ministry of Commerce accepted IJMA’s proposal and directed GJEPC to allot 1 seat to the imitation jewellery industry in the executive committee.

Played a vital role in including imitation jewellery in the Gems and Jewellery sector. Made several representations before the GST Council, Ministry of Commerce, finance and many state governments for inclusion of imitation jewellery under the bracket of GST slab applicable for gold, silver and diamond jewellery. Hence imitation jewellery now attracts only 3% GST and 5% GST on the job work of imitation jewellery. Conducts seminars on GST, Income tax, Industrial laws and motivational subjects. IJMA has organized many exhibitions in Mumbai, Kolkata, Delhi and Chennai. Organize picnic every year for its members and cricket tournaments every 2 years. IJMA raised the issues related to central excise duty before Ministry of finance, revenue secretary for the withdrawal of 16% of central excise imposed in the year 2001. However, the government reduced central excise to 8% after our representation. Instrumental role played in 1% VAT on imitation jewellery in 2006. Making untiring and unstinted efforts to curb and curtail the import of imitation jewellery from China by evading massive customs duty. IJMA Conducted many webinars during the lockdown period for the resolution of the problems that emerged due to the long lock down and slow economy.

Currently IJMA is developing a B-2-B, E-Commerce portal for all imitation and fashion jewellery industry members.