PAN CARD MANDATORY FOR PURCHASING JEWELLERY WORTH 5 LAKH
This query is : Resolved
05 July 2011
In the case of bullion merchants, they sell silver to various companies for making of silver foil. In that case, this condition applicable.
05 July 2011
1. APPLICABLE FOR BULLION AND JEWELLERY.
2. ONLY FOR PAYMENT TO DEALER FOR PURCHASE OF THE ABOVE ITEMS.
Ref:- CBDT Notification 27/2011 dated 26/05/2011.
In view of the above,my understanding is not applicable in your case since there is no purchase and sale is involved in the cited issue.
2. ONLY FOR PAYMENT TO DEALER FOR PURCHASE OF THE ABOVE ITEMS.
Ref:- CBDT Notification 27/2011 dated 26/05/2011.
In view of the above,my understanding is not applicable in your case since there is no purchase and sale is involved in the cited issue.
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