<h1>Indian Government Eases Excise Norms for Jewellery Sector: New Duty Rates, Exemptions, and Compliance Guidelines Introduced.</h1> The Indian government has simplified central excise norms for the jewellery sector, following recommendations from a Sub-Committee led by a High-Level Committee. Key changes include a 1% excise duty on jewellery without input and capital goods tax credit, or 12.5% with credit. Notifications issued cover amendments to existing excise rules, exemptions for certain manufacturing processes, and increased exemption limits for small-scale industries. Additionally, new guidelines for excise audits, export procedures, and compliance are introduced. These measures aim to streamline compliance and support the jewellery industry, with specific exemptions and procedural simplifications detailed in various notifications and circulars.