Imposition of Central Excise duty on jewellery Constitution of sub-committee of the High Level Committee

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....issioners / Chief Commissioners of Customs (All) Principal Chief Commissioners / Chief Commissioners of Customs & Central Excise (All) Sir / Madam, Subject: Imposition of Central Excise duty on jewellery   Constitution of sub-committee  of the High Level Committee regarding In the Budget 2016-17, Central Excise duty at the rate of 1% (without input tax credit) and ....

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....nd Customs. The composition of the Sub-Committee will be circulated once the names of its members are finalized. 3.  All associations will be given an opportunity to submit representation before the subcommittee in writing and the all India associations to state their case in person. 4.  Terms of reference of the Sub-Committee will include the issues related to compliance proced....

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....iness/residence of the jewelers; d) No arrest or criminal prosecution of any jeweler will be done; e) No search or seizure of stocks by any central excise official will be effected; f)  Exporters will be allowed to export on self declaration and submission of LUT to  customs without the need to get LUT ratified by central excise. Prevailing system will  co....