Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government Reduces Excise Duty on Remade Goods from Precious Metals Under Central Excises and Salt Act, 1944</h1> The Central Government, under the Central Excises and Salt Act, 1944, has issued an exemption for goods produced from old or used articles made of gold, silver, platinum, palladium, rhodium, iridium, osmium, and ruthenium. This exemption applies to items that are re-made, re-conditioned, or re-fabricated from these metals. The excise duty is reduced to cover only the value of additional materials and processes involved. This notification supersedes a previous exemption issued in 1981 and is deemed necessary for public interest. The definition of 'metal' includes alloys with a predominant weight of the specified metals or gold content of at least 37.5%.