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

Imposition of Central Excise duty on jewellery Constitution of sub-committee of the High Level Committee - Central Excise - 1021/9/2016 - Dated:- 21-3-2016 - Circular No. 1021/9/2016-CX F. No. 354/25/2016-TRU Government of India Ministry of Finance T .....

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ntral 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 been imposed on all artic .....

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Tax Laws, chaired by Dr. Ashok Lahiri, which will consist of: a. three representatives of the trade [to be decided by the Government]; b. one legal expert [to be decided by the Government]; c. officer concerned from the Ministry of Commerce & In .....

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its members are finalized. 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 incl .....

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ithin 60 days of its constitution. 5. Till the recommendations of the Sub-Committee are finalized, the following shall be adhered to: a) All payments of central excise duty will be based on first sale invoice value; b) The central excise authorities .....

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the manufacturing units/ shops/ place of business/residence of the jewelers; d) No arrest or criminal prosecution of any jeweler will be done; e) No search or seizure of stocks by any central excise official will be effected; f) Exporters will be al .....

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