Excise exemption for precious metals and jewellery: specified articles exempt from whole excise duty subject to stated conditions. Notification exempts specified Chapter 71 goods from the whole excise duty subject to listed conditions. Covered items include articles of listed precious metals, gold and silver ornaments (including set or unset with stones or pearls), strips, wires, sheets, plates and foils of gold and silver (with exemption for gold forms conditioned on use in jewellery manufacture), imitation jewellery, and precious and semi-precious stones including synthetics and pearls. Definitions clarify 'ornament', the scope of 'metal' and the treatment of 'articles' and primary forms for gold and other precious metals.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Excise exemption for precious metals and jewellery: specified articles exempt from whole excise duty subject to stated conditions.
Notification exempts specified Chapter 71 goods from the whole excise duty subject to listed conditions. Covered items include articles of listed precious metals, gold and silver ornaments (including set or unset with stones or pearls), strips, wires, sheets, plates and foils of gold and silver (with exemption for gold forms conditioned on use in jewellery manufacture), imitation jewellery, and precious and semi-precious stones including synthetics and pearls. Definitions clarify "ornament", the scope of "metal" and the treatment of "articles" and primary forms for gold and other precious metals.
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