Regarding extension of time limit for taking Central Excise registration by a jewellery establishment and payment of central excise duty for the assessee jeweller

The Central Government today announced that the time limit for taking central excise registration of an establishment by a jeweller is being extended up to 31.07.2016.

The liability for payment of central excise duty will be with effect from 1st March, 2016. However, assessee jewellers may make payment of excise duty for the months of March, 2016; April 2016 and May, 2016 along with the payment of excise duty for the month of June, 2016 upto the extended date of 31.07.2016.

RELATED CIRCULAR IS AS FOLLOWS

F.No. 354/25/2016-TRU
Government of India
Ministry of Finance

Tax Research Unit
***

Circular No. 1033/21/2016-CX

New Delhi, the Dated: 1st July, 2016

To,
Principal Chief Commissioners / Chief Commissioners of Central Excise (All);
Principal Chief Commissioners / Chief Commissioners of Customs & Central Excise (All);
All Director Generals of Customs, Central Excise & Service Tax

Sir / Madam,

Subject: Imposition of Central Excise duty on jewellery – Constitution of sub-committee of the High Level Committee –regarding.

Kindly refer to the Circular No. 1021/9/2016-CX dated 21.03.2016 and Circular No. 1026/14/2016 dated 23.04.2016, both issued vide F. No. 354/25/2016 – TRU.

2. In this regard, the time limit for taking central excise registration of an establishment by a jeweller is being extended up to 31.07.2016.

3. The liability for payment of central excise duty will be with effect from 1st March, However, assessee jewellers may make the payment of excise duty for the months of March, 2016; April, 2016 and May. 2016 along with the payment of excise duty for the month of June, 2016 upto the extended date of 31.07.2016.

4. Wide publicity may be given to this circular. Difficulty, if any, in implementing the circular should be brought to the notice of the Board. Hindi version would follow.

Yours Faithfully

(Anurag Sehgal)
Under Secretary

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