https://www.taxtmi.com/circulars?id=61465 All central excise payments on jewellery are to be based on first sale invoice value; authorities will accept the invoice valuation if caratage/purity, weight and carat details of precious stones are recorded. Exporters may export on self-declaration with submission of a Letter of Undertaking to customs without central excise ratification. Liability is effective from 1 March 2016, but payment for March-May may be deferred and paid with June 2016; registration time is extended to 1 July 2016. Enforcement moratoriums on visits, searches, seizures, arrests and criminal prosecution apply pending Sub Committee recommendations. en-us Mon, 25 Apr 2016 00:00:00 +0530 Wed, 12 Jun 2019 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61465 All central excise payments on jewellery are to be based on first sale invoice value; authorities will accept the invoice valuation if caratage/purity, weight and carat details of precious stones are recorded. Exporters may export on self-declaration with submission of a Letter of Undertaking to customs without central excise ratification. Liability is effective from 1 March 2016, but payment for March-May may be deferred and paid with June 2016; registration time is extended to 1 July 2016. Enforcement moratoriums on visits, searches, seizures, arrests and criminal prosecution apply pending Sub Committee recommendations. Circulars Central Excise Mon, 25 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61465