Cenvat credit eligibility for jewellery manufacturers clarified: defines liable persons and specifies the small manufacturer turnover test. The amendment broadens the CENVAT definitions to treat as liable persons those required to pay excise under the Articles of Jewellery (Collection of Duty) Rules and the Central Excise Rules for precious metal articles, and revises the eligibility explanation to provide that a manufacturer of articles of jewellery is eligible for concessional treatment if the aggregate value of clearances for home consumption in the preceding financial year, computed as specified, did not exceed the prescribed turnover threshold.