Excise on Jewelers

[deepak gulati]

A Jeweler engaged in Trading of unbranded Gold ornaments ( Nothing embossed on articles ) and only packs the items in Box and plastic carry bags with his name, will he be liable for excise or not ?

AI Summary

Jeweler's Excise Duty: Packing Not Manufacturing, Branding Jewelry Is; Hallmarking Excluded Under Chapter 71. A jeweler trading in unbranded gold ornaments inquires about excise liability for merely packing items with his name. It is clarified that excise duty applies to the manufacture of goods, and packing or labeling doesn't constitute manufacturing under Chapter 71 of the Central Tariff Act. However, affixing a brand name on the jewelry itself qualifies as manufacturing and is subject to excise duty. Hallmarking, as clarified, is not considered branding for excise purposes. The discussion concludes with agreement on the definition of affixing as it pertains to excise liability.