Wednesday 8 March 2017


"We met CBDT Chairperson Mr Shushil Chandra to appeal that we gold traders are getting taxed for inflationary gain which is pretty high due to new mandatory method of closing stock valuation. We also met CBEC Chairperson Mr Nazeeb Shah to request him to restrict GST rate not more than 2%. Also sum of custom duty and GST should not be more than 8%.  We were given 30 minutes for each of this two meetings. We are hopeful of positive results. "- Gujjadi Ramadas Nayak,  Swarna Jewellers , Udupi 

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