https://www.taxtmi.com/article/detailed?id=1661 Excise duty now applies to both branded and unbranded precious metal jewellery (silver exempt) and, for unbranded articles, duty is charged on the tariff value equal to thirty percent of the transaction value on the invoice. SSI exemption remains but aggregate clearances for eligibility are computed using tariff value for the period when the tariff rule applies; transitional days require inclusion of thirty percent of transaction value. Job-workers receiving jewellery must register and comply as manufacturers unless the supplying principal follows job-work procedure. en-us Tue, 20 Mar 2012 10:50:41 +0530 Tue, 20 Mar 2012 10:50:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1661 Excise duty now applies to both branded and unbranded precious metal jewellery (silver exempt) and, for unbranded articles, duty is charged on the tariff value equal to thirty percent of the transaction value on the invoice. SSI exemption remains but aggregate clearances for eligibility are computed using tariff value for the period when the tariff rule applies; transitional days require inclusion of thirty percent of transaction value. Job-workers receiving jewellery must register and comply as manufacturers unless the supplying principal follows job-work procedure. Articles Central Excise Tue, 20 Mar 2012 10:50:41 +0530 https://www.taxtmi.com/article/detailed?id=1661