Track the bullion
Rather than imposing excise duty on jewellery, which can be re- cycled, the government should put a ban on the sale of bullion in grey market. They should pass a bill stating that all gold bars and coins will be sold or given to export houses and local jewellers through banks or MMTC.
Vikas Soni
Director, JM jewels,
New Delhi
Rather than imposing excise duty on jewellery, which can be re- cycled, the government should put a ban on the sale of bullion in grey market. They should pass a bill stating that all gold bars and coins will be sold or given to export houses and local jewellers through banks or MMTC.
Vikas Soni
Director, JM jewels,
New Delhi
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