Search Results for Tag : jewellery

Notifications & Circulars

Clarifications on levy imposed on jewellery(04.03.2016)

The government issued clarifications on the excise duty of one per cent (without input tax credit) and 12.5 per cent (with input tax credit) levied on.....

Tags : Central excise, jewellery, clarification

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Clarification regarding subsequent re-import of unsold jewellery, exported under Para 4.79& 4.92 of Handbook of procedure 2023(16.10.2023)

1. Import policy of items under ITC (HS) Code 71131911, 71131919 and 71141910 has been amended from 'free' to 'restricted' category vide Notification .....

Tags : Clarification, Re-import, Unsold jewellery

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Lending against security of single product - Gold jewellery(21.01.2020)

1.Please refer to paragraph 27 of Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit tak.....

Tags : Security, Gold jewellery, Lending

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News

Madras HC Orders Status Quo over Excise Duty on Jewellery(02.05.2016)

Madras HC, while giving sign of relief for jewellers who were protesting Central Government’s plan to impose excise duty on jewellery items, has order.....

Tags : Madras HC, Excise Duty on Jewellery

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SC: Taking Custody of Jewellery for Safety Cannot Constitute Cruelty Under Section 498A IPC(14.01.2022)

Supreme Court has observed that taking custody of jewellery for safety cannot constitute cruelty within the meaning of Section 498A of the Indian Pena.....

Tags : Supreme Court, Taking Custody of Jewellery

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Madras HC Refuses to Accept Counter Affidavit by HR&CE Department in Case of Theft of Ancient Idols(18.06.2021)

Madras High Court has refused to accept a counter affidavit filed by the Hindu Religious and Charitable Endowments (HR&CE) department, during the prev.....

Tags : Madras High Court, Theft of Ancient Idols and Temple Jewellery

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Sub-Committee to report on issues related to excise duty on jewellery(21.03.2016)

The Central Government constituted a Sub-Committee under the High Level Committee to interact with the jewellery trade and industry to determine issue.....

Tags : Excise, jewellery, report, compliance

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Compliance relaxations for excise levy on jewellery industry accepted(13.07.2016)

The Central government accepted the recommendations of a Sub-Committee formed to interact with trade and industry on issues arising out of the recent .....

Tags : excise, jewellery, ssi, valuation

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