{"id":12744,"date":"2025-10-15T07:06:09","date_gmt":"2025-10-15T07:06:09","guid":{"rendered":"https:\/\/jewellerynewsindia.com\/?p=12744"},"modified":"2025-10-15T07:08:11","modified_gmt":"2025-10-15T07:08:11","slug":"gjepc-organises-webinar-on-bullion-import-through-iibx-under-advance-authorisation-scheme","status":"publish","type":"post","link":"https:\/\/jewellerynewsindia.com\/index.php\/2025\/10\/15\/gjepc-organises-webinar-on-bullion-import-through-iibx-under-advance-authorisation-scheme\/","title":{"rendered":"GJEPC Organises Webinar on Bullion Import through IIBX under Advance Authorisation Scheme"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">GJEPC Organises Webinar on Bullion Import through IIBX under Advance Authorisation Scheme<\/h1>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized has-custom-border\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2025\/10\/IMG-1-6.jpg\" alt=\"\" class=\"wp-image-12746\" style=\"border-width:3px;border-radius:5px;width:673px;height:auto\" srcset=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2025\/10\/IMG-1-6.jpg 1000w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2025\/10\/IMG-1-6-300x180.jpg 300w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2025\/10\/IMG-1-6-768x461.jpg 768w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2025\/10\/IMG-1-6-600x360.jpg 600w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>The <a href=\"https:\/\/gjepc.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gem &amp; Jewellery Export Promotion Council (GJEPC)<\/a> conducted a webinar to guide member exporters on importing bullion via the India International Bullion Exchange (IIBX) under the Advance Authorisation Scheme. The session, titled <em>\u201cIIBX for Gold Export Challenges,\u201d<\/em> addressed critical topics such as ease of doing business, access to raw materials, and the pivotal role of IIBX in supporting gold exports.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.iibx.co.in\/static\/management.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">Mr. Ashok Gautam, Managing Director &amp; CEO of IIBX<\/a>, provided an in-depth overview of the platform\u2019s regulatory framework under the International Financial Services Centres Authority (IFSCA). He explained the exchange\u2019s structure \u2014 promoted jointly by five market infrastructure institutions \u2014 and detailed the eligibility criteria for participants, including qualified dealers, TRQ holders, and nominated banks. <a href=\"https:\/\/www.iibx.co.in\/static\/management.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">Mr. Gautam<\/a> also noted that the RBI now allows entities to hedge gold price risks on IIBX through gold and silver futures.<\/p>\n\n\n\n<p><a href=\"https:\/\/gjepc.org\/our-structure.php\" target=\"_blank\" rel=\"noreferrer noopener\">GJEPC\u2019s Executive Director, Mr. Sabyasachi Ray<\/a>, and Director \u2013 Policy, Mr. K.K. Duggal, highlighted the Council\u2019s ongoing advocacy to enable qualified dealers and ACC-based operators in SEZs to participate on the IIBX platform. They emphasised recent progress achieved through relaxed net worth norms and the inclusion of jewellery under exports.<\/p>\n\n\n\n<p>Elaborating on the trading ecosystem, <a href=\"https:\/\/www.iibx.co.in\/static\/management.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">Mr. Gautam<\/a> explained the functioning of vault facilities at GIFT City and Chennai, with new vaults expected soon in Kolkata and Mumbai. He also outlined the procedures for buying, selling, settlement, and trade delivery, which are designed to enhance exporters\u2019 working capital efficiency.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.iibx.co.in\/static\/management.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">Mr. Gautam<\/a> further confirmed that the import process for Advance Authorisation holders through <a href=\"https:\/\/www.iibx.co.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">IIBX<\/a> has been successfully tested, with customs clearances completed. The discussion also covered recent regulatory relaxations \u2014 including reduced net worth requirements and simplified participation rules for SEZ entities.<\/p>\n\n\n\n<p>The webinar concluded with insights on contract sizes \u2014 1kg for 995 purity and 100g for triple line purity \u2014 alongside exporters\u2019 requests for smaller denominations. Participants also discussed hedging strategies, silver contracts, and dealer qualification criteria.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GJEPC Organises Webinar on Bullion Import through IIBX under Advance Authorisation Scheme The Gem &amp; Jewellery Export Promotion Council (GJEPC) conducted a webinar to guide member exporters on importing bullion via the India International Bullion Exchange (IIBX) under the Advance Authorisation Scheme. The session, titled \u201cIIBX for Gold Export Challenges,\u201d addressed critical topics such as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GJEPC Organises Webinar on Bullion Import through IIBX under Advance Authorisation Scheme - JNI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jewellerynewsindia.com\/index.php\/2025\/10\/15\/gjepc-organises-webinar-on-bullion-import-through-iibx-under-advance-authorisation-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GJEPC Organises Webinar on Bullion Import through IIBX under Advance Authorisation Scheme - JNI\" \/>\n<meta property=\"og:description\" content=\"GJEPC Organises Webinar on Bullion Import through IIBX under Advance Authorisation Scheme The Gem &amp; Jewellery Export Promotion Council (GJEPC) conducted a webinar to guide member exporters on importing bullion via the India International Bullion Exchange (IIBX) under the Advance Authorisation Scheme. 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The session, titled \u201cIIBX for Gold Export Challenges,\u201d addressed critical topics such as&hellip;","_links":{"self":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/12744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/comments?post=12744"}],"version-history":[{"count":2,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/12744\/revisions"}],"predecessor-version":[{"id":12748,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/12744\/revisions\/12748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media\/12745"}],"wp:attachment":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media?parent=12744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/categories?post=12744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/tags?post=12744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}