Tag: jewellery excise duty
Circular No. 1033/21/2016-CX F. 354/25/2016-TRU Government of India Ministry of Finance Tax Research Unit New Delhi, the 1st July, 2016 To, Principal Chief Commissioners I Chief Commissioners of Central Excise (All); Principal Chief Commissioners I Chief Commissioners of Customs & Central Excise (All); All Director Generals of Customs, …
Circular No. 1026/14/2016-CX F. No. 354/25/2016-TRU Government of India Ministry of Finance Tax Research Unit New Delhi, the 23rd April, 2016 To, Principal Chief Commissioners I Chief Commissioners of Central Excise (All); Principal Chief Commissioners I Chief Commissioners of Customs & Central Excise (All); All Director Generals of …
Circular No. 1025/13/2016-CX F. No. 354/25/2016-TRU Government of India Ministry of Finance Tax Research Unit New Delhi, the 22nd April, 2016 To, Principal Chief Commissioners I Chief Commissioners of Central Excise (All); Principal Chief Commissioners I Chief Commissioners of Customs & Central Excise (All); All Director Generals of …
Indirect Taxes Committee (ITC) of Institute of Chartered Accountants of India (ICAI) had brought a publication titled as “Central Excise Law and Procedure for Jewellery Industry” with a view of familiarizing the its members and the industry with the various provisions of excise law and procedures pertaining to the …
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 …
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 …