Thursday 28 July 2016

#‎AOJDailyeNews‬ No arrest of jewellers in cases of duty evasion below Rs 2 crore

 Revenue officials will not arrest and prosecute jewellery manufacturers if suspected excise duty evasion is less than Rs 2 crore, the finance ministry has clarified. Also, there will be no excise audit for the first two years for jewellery manufacturers whose duty payment is less than Rs 1 crore. Read More

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