https://www.taxtmi.com/article/detailed?id=1640 Branded precious metal jewellery levy is broadened to include non branded jewellery, with duty charged on a tariff value set at thirty percent of transaction value; small scale exemption remains for qualifying units, turnover is computed on tariff value, and registration and payment obligations fall on the person commissioning job work. Refined gold duty is raised. Customs duty increases apply to certain gold and platinum products and to materials for refining. For readymade garments, the excise rate is raised while the abatement from retail sale price is increased, resulting in a lower effective incidence of duty as a percentage of retail price. en-us Sat, 17 Mar 2012 13:42:53 +0530 Sat, 17 Mar 2012 13:45:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1640 Branded precious metal jewellery levy is broadened to include non branded jewellery, with duty charged on a tariff value set at thirty percent of transaction value; small scale exemption remains for qualifying units, turnover is computed on tariff value, and registration and payment obligations fall on the person commissioning job work. Refined gold duty is raised. Customs duty increases apply to certain gold and platinum products and to materials for refining. For readymade garments, the excise rate is raised while the abatement from retail sale price is increased, resulting in a lower effective incidence of duty as a percentage of retail price. Articles Central Excise Sat, 17 Mar 2012 13:42:53 +0530 https://www.taxtmi.com/article/detailed?id=1640