https://www.taxtmi.com/news?id=15937 Imposition of a nominal excise duty on articles of jewellery is paired with simplified procedures: the principal manufacturer bears liability in job-work situations; artisans and job-workers are excluded from registration, duty payment, returns and record-keeping; small manufacturers below specified turnover thresholds need not register or file returns; registration and returns are to be filed online with expedited, non-intrusive registration and no post-registration physical verification; private, state VAT or hallmark records are acceptable for excise purposes and pre-budget stock declarations are not required. en-us Sat, 19 Mar 2016 09:53:50 +0530 Sat, 19 Mar 2016 09:53:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15937 Imposition of a nominal excise duty on articles of jewellery is paired with simplified procedures: the principal manufacturer bears liability in job-work situations; artisans and job-workers are excluded from registration, duty payment, returns and record-keeping; small manufacturers below specified turnover thresholds need not register or file returns; registration and returns are to be filed online with expedited, non-intrusive registration and no post-registration physical verification; private, state VAT or hallmark records are acceptable for excise purposes and pre-budget stock declarations are not required. News - Sat, 19 Mar 2016 09:53:50 +0530 https://www.taxtmi.com/news?id=15937