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

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....2016 PUBLIC NOTICE - 02/2016 Subject: Imposition of Central Excise duty on jewellery -Constitution of sub- committee of the High Level Committee - reg. Trade, Industry and Public are hereby informed that in the Budget 2016-17, Central Excise duty at the rate of 1% (without input tax credit) and 12.5% (with input tax credit) has been imposed on all articles of jewellery (except for silver ....

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.... 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 continue. 4. The time limit for central excise registration of an estab....