Branded precious metal wares exemption: branded jewellery and goldsmith wares exempt, excluding certain high purity coins. The Government amends Notification No. 02/2011 Central Excise by substituting serial number 48 with an entry for articles of jewellery under heading 7113, and substituting serial number 49 with an entry for articles of goldsmiths' or silversmiths' wares of precious metal or metal clad with precious metal under heading 7114. The amended 7114 entry limits the exemption to wares bearing a brand name, excludes certain high purity gold and silver coins, and explains that 'brand name' includes trade names and marks but excludes a jeweller's or job worker's 'house mark'.
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.
Branded precious metal wares exemption: branded jewellery and goldsmith wares exempt, excluding certain high purity coins.
The Government amends Notification No. 02/2011 Central Excise by substituting serial number 48 with an entry for articles of jewellery under heading 7113, and substituting serial number 49 with an entry for articles of goldsmiths' or silversmiths' wares of precious metal or metal clad with precious metal under heading 7114. The amended 7114 entry limits the exemption to wares bearing a brand name, excludes certain high purity gold and silver coins, and explains that 'brand name' includes trade names and marks but excludes a jeweller's or job worker's 'house mark'.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.