Imposition of Central Excise duty on jewellery Constitution of sub-committee of the High Level Committee

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..... ommissioners of Customs (All) Principal Chief Commissioners / Chief Commissioners of Customs Central Excise (All) Sir / Madam, Subject: Imposition of Central Excise duty on jewellery Constitution of sub-committee of the High Level Committee regarding In the Budget 2016-17, Central Excise duty at the rate of 1% (without input tax credit) and 12.5% (with input tax credit) has bee .....

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..... inalized. 3. All associations will be given an opportunity to submit representation before the subcommittee in writing and the all India associations to state their case in person. 4. Terms of reference of the Sub-Committee will include the issues related to compliance procedure for the excise duty, including records to be maintained, forms to be filled including Form 12AA, operating proce .....

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..... tral excise official will be effected; f) Exporters will be allowed to export on self declaration and submission of LUT to customs without the need to get LUT ratified by central excise. Prevailing system will continue. 6 The registration of the establishment with the central excise department can be taken within 60 days from 1 st March, 2016. However, the liability for payment of centr .....

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