Central excise duty on jewellery: sub committee to set compliance procedures; registration extension and consolidated payment allowed. A Sub Committee has been constituted to advise on imposition of central excise duty on jewellery, with specified administrative, legal and trade membership; the Sub Committee will frame compliance procedures, records requirements and operating procedures, and will hear written and in person representations from trade associations. Communications to the High Level Committee are directed to the provided email and postal addresses. The Trade Notice extends the registration deadline for jewellers while confirming that liability to pay excise duty is effective from the earlier date and allows consolidated payment of prior months' duties together with the current month's payment.
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Central excise duty on jewellery: sub committee to set compliance procedures; registration extension and consolidated payment allowed.
A Sub Committee has been constituted to advise on imposition of central excise duty on jewellery, with specified administrative, legal and trade membership; the Sub Committee will frame compliance procedures, records requirements and operating procedures, and will hear written and in person representations from trade associations. Communications to the High Level Committee are directed to the provided email and postal addresses. The Trade Notice extends the registration deadline for jewellers while confirming that liability to pay excise duty is effective from the earlier date and allows consolidated payment of prior months' duties together with the current month's payment.
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