BUZZ-India's PC Jeweller gains after tribunal drops customs duty proceedings

** Shares of India's PC Jeweller PCJE.NS rise 6.34% to 10.49 rupees, set for highest one-day gain since July 2

** Customs, Excise & Service Tax Appellate Tribunal has dropped proceedings against company, its MD and others related to alleged customs duty violations, PCJE says

** The order relates to a Directorate of Revenue Intelligence probe disclosed in 2012 over alleged incorrect calculation and payment of customs duty on imported jewellery, it adds

** More than 854 million shares change hands, about 4x the 30-day average volume

** Stock up ~10% YTD


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