Section 143AA of the Customs Act, 1962' wherein relaxation was given to accept an undertaking in lieu of a bond required during customs clearance upto 30.04.2020, subject to conditions as underlined in the circular.
Information w.r.t SVLDRS - effective from 01.09.2019
Investment subsidy by State Govt. - Whether excise duty is payable
This write up is to update you on the recent developments on applicability of Excise on Gems and Jewellery Industry.
The cash is a vehicle to run the business and an unwarranted seizure only put breaks on the movement of the business. Not only this has the seizure of cash also...
The new assessee engaged in manufacture of jewellery may find it difficult to cope with compliance requirements under Central Excise law. The liability starts from 1st March 2016 though some procedural relaxations provided to the Jewellery segment.T
BackgroundRegistration with tax authorities is first step for any assessee to make compliance with the law and similar is the case for jewelers who have been brought within excise ambit in Budget 2016-17. But it
In this year�s Budget, a nominal excise duty of 1% [without CENVAT Credit on Capital Goods and Inputs]and 12.5% [with CENVAT Credit on Capital Goods and Inputs] has been imposed on articles of jewellery [excluding silver jewellery, other than s
Union budget 2016-17 has introduced levy of excise duty on making of jewellery. With the levy, jewellers feared that the �Inspector rajya� would be back and this fear led to a widespread outrage among the jewellers for non acceptance of l
The judicial precedent always plays vital role to clarify the law particularly when statute is not clear cut in regard to any issue. There is the same situation in the case of demand of interest on delayed payment of Central Excise Duty. The Central
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English