Category: Excise/Custom
Central Excise duty on jewellery-No arrest, prosecution, search seizure, no challenge to invoice value till sub committee ( of High Level Committee) recommendation are finalization Circular No. 1021/9/2016-CX F.No. 354/25/2016-TRU Government of India Ministry of Finance Tax Research Unit New Delhi, the 21st March, 2016 To, Principal Chief …
Government clarifies to the Jewellery Industry about the issues relating to imposition of Excise Duty on articles of Jewellery with simplified procedures. Ministry of Finance Press Release dated 18/03/2016 In the General Budget for 2016-17, a nominal excise duty of 1% and 12.5% has been imposed on articles …
Integrated Declaration under the Indian Customs Single Window Project Circular- 10/2016-Customs F.No.450/147/2015-Cus-IV Government of India Ministry of Finance Department of Revenue(Central Board of Excise and Customs) Dated: the 15th March, 2016 To,All Chief Commissioners of Customs / Customs (Preventive),All Chief Commissioners of Customs and Central Excise,All Commissioners of …
Levy of excise duty on jewellery in Budget-2016-17-Clarification Ministry of Finance Press Release Clarifications on levy imposed on jewellery In this year’s Budget, a nominal excise duty of 1% and 12.5% has been imposed on articles of jewellery. Even for this nominal 1% excise duty, manufacturers are allowed to …
