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

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..... ted 22.04.2016 PUBLIC NOTICE NO. 02/2016 CENTRAL EXCISE 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 been imposed on all articles of jewellery (exc .....

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..... names of its members are finalized. 3. All associations will be given an opportunity to submit representation before the sub-committee 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 t .....

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..... iminal 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 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 t .....

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