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EXCISE DUTY ON JEWELLERY
The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strainIn light of increasing global unrest from the West Asia crisis and fluctuations in the energy sector, Finance Minister Nirmala Sitharaman i...- Fresh measures announced for gold jewellery sector, SSI eligibility limit upped to Rs 15 croreRecords maintained for state VAT and other private records, showing details of inputs, stocks, manufactured goods, sold/exported goods will...
- Govt announces relief for gold jewellery industry to offset excise duty levied in BudgetThe sub-committee under Lahiri, was set up after protests from jewellers on imposition of 1% excise duty on gold and precious jewellery in ...
- Jewellery stocks shine as traders call off strikeJewellery companies' extended their rally from Monday, surging as much as 6% in trade after jewellery traders lifted a shutdown after a 43-...
- Government clarifies stand on jewellery excise, levy only on principal jewellery makersThe Budget had imposed a 1% excise duty without input tax credit and 12.5% with input tax credit on articles of jewellery.
- Centre shouldn't strangulate jewelery business: Arvind Kejriwal to Prime Minister Narendra ModiThe proposal, Kejriwal said, would benefit none and would only abet corruption and harassment of jewellers by excise inspectors, he said.
- Jewellers protest excise duty, shops shut for 15th dayTrader's protests against the budget proposal leads to null trade of gold and jewellery establishments across the country.
- Bullion strike enters day 14 as FM Arun Jaitley refuses to budgeSpeaking in Lok Sabha, Jaitley rejected demands for rollback of the 1 per cent excise duty, saying the move is aimed at aligning gold with ...
- Jewellers strike enters 13th day against excise dutyThe protest by gold and jewellery traders entered the 13th day today to protest the proposed excise duty on non-silver jewellery items.
- Jewellers dig in their heels, strike enters 10th dayJewellers and bullion traders across the country, including Delhi and Mumbai, went on with their protest for the 10th straight day today.
- Government unwilling to give in to demands for scrapping excise duty on jewellery makersThe duty is not just targeted at the black economy but also is in line with the broad objective of laying the ground for the goods and serv...
- Excise duty on jewellery not conducive for industry: GJEPCGJEPC has already approached the government to persuade them to rollback their decision of imposition of excise duty on jewellery.
- Jewellers strike against excise duty enters seventh dayAll India Sarafa Association Vice-President Surinder Kumar Jain said the strike will go on for an indefinite period until the government ro...
- Jewellers in Uttar Pradesh on indefinite strike, protesting excise dutyJewellery traders in UP, on strike since March 2 against the Budget proposal to re-impose 1% excise duty on jewellery, have decided to exte...
- Jewellers extend strike till March 7; shops shut for 4th dayJewellers continued their strike for the fourth consecutive day and will go on with it till March 7 against the budgetary proposal to re-im...
- Jewellers to go on 3-day protest over government's excise duty moveMr. G V Sreedhar GJF Chairman, said “We are compelled to take the decision of going for three days All India ‘Bandh’".
- Bullion traders slam duty move, gold markets shut for 3 daysBullion market and most of jewellery showrooms remained closed in the national capital, Chennai and some other places, Vice-President of th...
- Budget 2016: 1% excise duty on gold and diamond jewellery to hurt industryThe India Bullion & Jewellery Association fears that the introduction of the excise duty will lead to job loss in the gem and jewellery sec...
- New rules to offer relief on excise norms to jewellers soonThe finance ministry will soon announce fresh rules for the levy of excise duty on unbranded jewellery to provide some relief to the countr...
- Excise duty on jewellery not to impact small artisans: CBECIn the Budget 2012 proposal, the scope of the levy has been altered to include both branded and unbranded jewellery within its scope.
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