Saturday, 21 May 2016

Reader’s Response : Excise duty on jewellery cripples the industry

Setback to the industry

Good coverage on the excise issue! The excise levy is like a setback to the industry.The GJ industry is already paying a lot of taxes. In fact it is one of the highest  revenue sources for the government. There is 10 per cent custom duty on gold and then VAT. The government has failed to justify the excise levy.

Devendra Gupta
Proprietor, Shree Shyam Gems &
Jewellery, Jaipur

1 comment:

  1. Thank you for your articles that you have shared with us. Hopefully you can give the article a good benefit to us. Shree shyam gems and jewellery

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