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of <h1>India Updates Excise Duty Rules on Jewellery: Simplified SSI Exemptions, Audit Procedures, and Export Norms.</h1> The Government of India has issued a series of circulars concerning the imposition of Central Excise duty on jewellery. These circulars address various aspects such as simplified rules for Small Scale Industry (SSI) exemption, excise audit procedures, export-related norms, general excise duty procedures, guidelines for departmental officers, and the taxability of jewellery stock as of February 29, 2016. The circulars aim to simplify compliance, ease business operations, and protect trade interests. The Commissioner of Central Excise and Service Tax has urged that these updates be communicated to all relevant trade and industry members.
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