Imposition of Central Excise duty on jewellery - Central Excise - PUBLIC NOTICE No. 08/2016

OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE SERVICE TAX 7th FLOOR, TRADE CENTRE, BUNTS HOSTEL ROAD, MANGALURU-575 003 C. No. IV/16/26/2015 Tech. Date: 04.08.2016 PUBLIC NOTICE No. 08/2016 Sub: - Imposition of Central Excise duty on jewellery Reg. The following Circulars have been issued by the Government of India, text of the same may be downloaded from the website www.cbec.gov.in SI. No. Circular No. /Date Subject Gist of Circular 1 1040/28/2016 cx dt. 26.07.2016 Exemption / eligibility / limits for SSI exemption -Reg. Simplified rules for Trade for computation of eligibility and exemption limits for SSI exemption by a manufacturer / Principal manufacturer of articles of jewellery or parts of articles of Jewellery or both 2 1041/29/2016 cx dt. 26.07.2016 Excise Audit - Reg. Assuaging Trade concerns regarding excise audit , simplified audit system, moratorium on audit in certain categories, audit restricted to Desk Audit, no physical verification of stocks in premises-Other guidelines regarding audit of manufacturer / Principal manufacturer of articles of jewellery 3 1042/30/2016 cx dt. 26.07.2016 Export related procedures-Reg. Trade friendly simplified export norms- simplification of the manner and procedure of export of articles of jewellery and filing of returns. 4 1043/31/2016 cx dt. 26.07.2016 General procedures regarding excise duty Reg. Ease of doing business measures- Acceptability of records maintained for State VAT / other Private records for excise purposes, simplified procedures for Trade regarding trading / invoicing, job work, repairs and alterations 5 1044/32/2016 cx dt. 26.07.2016 Guidelines for departmental officers - Reg. Protection of Trade interests- Highly simplified departmental procedures to be followed in cases of evasion, threshold limits for visit, search, seizure, summons etc.- Ensuring a fair system of compliance 6 1045/33/2016 cx dt. 26.07.2016 Taxability of stock on February29, 2016- Reg. Addressing of Trade concerns regarding taxability of stock of jewellery lying at different premises as on 29th February 2016. The contents of the same may be brought to the notice of all constituent members of the Trade and Industry. (Dr. M. SUBRAMANYAM) COMMISSIONER