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Nominal and easily compliable excise duty for the jewellery sector declared in Budget

Nominal and easily compliable excise duty for the jewellery sector declared in Budget

Mar 19, 2016, at 12:20 am

Kolkata, Mar 18 (IBNS) A nominal 1 percent (without input tax credit) and 12.5 percent (with input tax credit) excise duty has been imposed on articles of jewellery in this year’s budget.