Excise Duty On Jewellery

• 

  Gold Price Today: Gold Futures Stuck In Rs 150 Range, Near Rs 49,000/10 Grams Mark

  Gold Price Today: Gold jewellery prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.

• 

  Gold Futures Soar To All-Time High Above Rs 48,950 Per 10 Grams

  Gold jewellery prices vary in different parts of India - the second largest consumer of the precious metal - due to factors such as excise duty, state taxes and making charges.

• 

  No Arrest Of Jeweller In Case Of Duty Evasion Below Rs 2 Crore

  Revenue officials will not arrest or prosecute jewellery manufacturers in cases where suspected excise duty evasion is less than Rs 2 crore, the Finance Ministry has said, in a move to address jewellers' concerns.

• 

  Jewellers Welcome Government Decision On Excise Duty Exemption Limit

  The government's decision to exempt small scale jewellers from excise duty will give a boost to the trade, the gems and jewellery industry said on Thursday.

• 

  Jewellery Stocks Get Shine Back, Gain Up To 10%

  Jewellery stocks on Thursday jumped by up to 10 per cent after the government increased excise duty exemption limit for the small scale industry to Rs 10 crore from Rs 6 crore that could bring relief to gold jewellers.

• 

  Jewellery Shares Shine After Relaxation In Excise Duty Norms

  Cheering the government's move to relax excise duty norms on gold jewellery sales, shares of gold jewellers outperformed the markets today.

• 

  In Relief To Jewellers, Small Scale Industry Exemption Limit Hiked

  In a relief to jewellers, the government has increased Small Scale Industry (SSI) exemption limit to Rs 10 crore from Rs 6 crore, waived off the levy on sale of traded goods and relaxed various procedural norms.

• 

  Deadline For Jewellers To Register With Excise Department Extended

  The government on Friday extended by one month the time for jewellers to get registered with the central excise department, an official statement said.

• 

  Arun Jaitley Rules Out Rollback Of Excise Duty On Jewellery

  Finance Minister Arun Jaitley on Thursday rejected demands, including from ally Shiv Sena, for rollback of one per cent excise duty on non-silver jewellery and asserted that jewellers will have to pay taxes.

• 

  India's April Gold Imports Down 67.3%: Report

  Gold imports fell sharply by 67.33 per cent to 19.6 tonnes in April 2016 as jewellers' strike opposing one per cent excise duty on non-silver jewellery significantly hit demand for the metal, according to gold and silver refiner MMTC Pamp.

• 

  One Per Cent Excise Duty On Gold To Stay, Says Arun Jaitley

  Finance Minister Arun Jaitley today said that jewellers will have to pay one percent excise duty on gold, reiterating the government's stand despite widespread protest from the traders.

• 

  Government Refuses Recall Of 1% Excise Duty On Jewellery

  Government in Rajya Sabha on Thursday refused to budge from its stance on levying one per cent excise duty on non-silver jewellery saying luxury items cannot be kept out of tax ambit for perpetuity, prompting a walk-out by members of the Congress and SP.

• 

  Government Refuses Recall Of 1% Excise Duty On Jewellery

  Government in Rajya Sabha on Thursday refused to budge from its stance on levying one per cent excise duty on non-silver jewellery saying luxury items cannot be kept out of tax ambit for perpetuity, prompting a walk-out by members of the Congress and SP.

• 

  Jewellers Asked To Clear Excise Dues With June Payment

  The government has, meanwhile, set up a committee under former Chief Economic Advisor Ashok Lahiri to look into demand of agitating jewellers and also into their grievances with regard to compliance and operating procedures for payment ofexcise duty.

• 

  Jewellers Call Off Strike After 43 Days, Shops Reopen

  Indian jewellers have been on an indefinite strike since the beginning of March 2016 protesting against the Budget proposal to levy 1 per cent excise duty on non-silver jewellery.