Tax Policy
Last Updated: January 2026
Diomandz.com operates as a global online diamond brokerage, classified listing platform, and vendor marketplace ecosystem connecting customers with independent suppliers and vendors located across multiple jurisdictions worldwide.
Important Notice: Diomandz.com primarily functions as a commission-based brokerage and marketplace facilitator. Taxes, customs duties, VAT, GST, import charges, and other government-imposed obligations may vary depending on the vendor location, transaction structure, and customer jurisdiction.
1. Marketplace Tax Structure
Because Diomandz.com operates through a vendor-driven marketplace model, certain products and transactions may be supplied directly by independent third-party vendors, manufacturers, wholesalers, or international suppliers.
Tax obligations associated with purchases may therefore differ depending on:
- Country of origin of the product
- Customer delivery location
- Vendor operational jurisdiction
- Import and export regulations
- Applicable VAT, GST, or sales tax laws
- Customs classification and declaration requirements
2. Free Trade Zone Operations
Diomandz.com and associated vendors may utilize international free trade zones, diamond trading hubs, logistics centers, bonded facilities, and international trading ecosystems depending on operational requirements and supplier arrangements.
Operations, sourcing activities, logistics coordination, or vendor participation may involve regions and international trade centers including:
- India Free Trade & Special Economic Zones
- Israel Diamond Exchange ecosystem
- Hong Kong trading and logistics zones
- United Kingdom international trade structures
- Belgium diamond trading markets including Antwerp
- Amsterdam and European trading networks
- Other international vendor and logistics jurisdictions
The use of free trade zones, bonded logistics systems, or international trade hubs may affect customs procedures, tax treatment, shipping structures, invoicing arrangements, and import/export documentation depending on applicable laws and operational structures.
3. Customer Tax Responsibility
Buyers are solely responsible for understanding and complying with tax obligations applicable within their local jurisdiction before completing transactions through the platform.
- Import duties
- Value Added Tax (VAT)
- Goods and Services Tax (GST)
- Sales taxes
- Customs processing fees
- Government handling charges
- Luxury goods taxes where applicable
Local customs authorities or tax agencies may require additional documentation, declarations, or payments before shipment release.
4. Vendor & Supplier Tax Compliance
Independent vendors and suppliers participating on Diomandz.com remain responsible for their own tax registrations, invoicing obligations, export compliance requirements, customs declarations, and operational reporting responsibilities according to applicable local laws.
Diomandz.com does not guarantee the tax treatment applied by third-party vendors, logistics companies, payment providers, or external service partners.
5. Brokerage & Commission Structure
Diomandz.com primarily generates revenue through commission-based marketplace operations, brokerage services, listing visibility services, vendor collaborations, and related digital marketplace activities.
The platform itself generally does not maintain centralized inventory ownership or directly manufacture most listed products unless explicitly stated.
6. International Transactions
International transactions involving diamonds, gemstones, jewelry, luxury products, or high-value goods may be subject to additional government regulations and customs procedures.
- Cross-border trade regulations
- Import/export licensing requirements
- Anti-money laundering compliance procedures
- Customs inspections
- Foreign exchange regulations
- High-value transaction reporting requirements
Customers are encouraged to consult qualified tax professionals, customs advisors, or legal consultants regarding jurisdiction-specific obligations before completing purchases.
7. Invoice & Documentation
Transaction invoices, shipping documents, customs declarations, and tax-related records may be issued directly by the relevant vendor, supplier, logistics provider, or fulfillment partner depending on the operational structure of the transaction.
Buyers should carefully review all provided documentation for accuracy and compliance purposes.
8. Tax Policy Changes
Tax laws, customs regulations, import duties, and international trade requirements may change over time depending on local government policies and international regulatory developments.
Diomandz.com reserves the right to update or modify this Tax Policy without prior notice.
9. Contact Information
For marketplace support, vendor communication assistance, or operational inquiries, please contact:
Email: admin@diomandz.com
Alternative Email: diomandz.com@gmail.com
Website: https://diomandz.com