<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Taxability of stock on February 29, 2016 - Excise duty imposition on articles of jewellery in the Budget 2016-17 - regarding</title>
    <link>https://www.taxtmi.com/circulars?id=54667</link>
    <description>All finished jewellery manufactured and removed on or before February 29, 2016, and lying at the principal manufacturer&#039;s premises or sent on approval to customers shall not be liable to excise duty and require no stock declaration. Jewellery and work in progress lying with job workers or other manufacturing premises as on that date must be subject to self assessment of excise duty by the manufacturer or principal manufacturer when received on or after March 1, 2016 and at the point of first sale pursuant to the Articles of Jewellery (Collection of Duty) Rules, 2016.</description>
    <language>en-us</language>
    <pubDate>Tue, 26 Jul 2016 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 27 Jul 2016 18:52:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=436297" rel="self" type="application/rss+xml"/>
    <item>
      <title>Taxability of stock on February 29, 2016 - Excise duty imposition on articles of jewellery in the Budget 2016-17 - regarding</title>
      <link>https://www.taxtmi.com/circulars?id=54667</link>
      <description>All finished jewellery manufactured and removed on or before February 29, 2016, and lying at the principal manufacturer&#039;s premises or sent on approval to customers shall not be liable to excise duty and require no stock declaration. Jewellery and work in progress lying with job workers or other manufacturing premises as on that date must be subject to self assessment of excise duty by the manufacturer or principal manufacturer when received on or after March 1, 2016 and at the point of first sale pursuant to the Articles of Jewellery (Collection of Duty) Rules, 2016.</description>
      <category>Circulars</category>
      <law>Central Excise</law>
      <pubDate>Tue, 26 Jul 2016 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=54667</guid>
    </item>
  </channel>
</rss>