Press reports after the presentation of the budget on 16.03.2012 indicate that the full import of the provisions contained in the legislation related to the levy of excise duty of 1% on precious metal jewellery are not clear to the trade.
In the Budget for 2011-12, full exemption from Cen
CBEC Clarifies on Levy of Excise Duty on Precious Metal Jewellery
Last updated: 20 March 2012
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