The Central Government extends the time limit for taking Central Excise registration of an establishment by a jeweller up to 01.07.2016

The Central Government has , by Circular No. 1026/14/2016-CX dated 23rd April, 2016, extended the time limit for taking Central Excise registration of an establishment by a jeweller up to 01.07.2016. However, the liability for payment of Central Excise duty is with effect from 1st March, 2016. The 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.

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

Circular No. 1026/14/2016-CX

F. No. 354/25/2016-TRU

Government of India

Ministry of Finance

Tax Research Unit

New Delhi, the 23rd April, 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 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 01.07.2016. Though, the liability for payment of central excise duty will be with effect from 1st March, 2016, the assessee jewelers 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.

3.  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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  • Ramesh Kumar Thakur

    what is the procedure of Registration of a JEWELLARY TRADE – When the liability will start for getting Registration on the —— PURCHASE, ON THE SELING , ON THE MAKING OF NEW ORNAMENTS and ON THE REPAIREOF OLD ORNAMENTS, Please guide under recently imposed EXECISE DUTY ON jewellery . and what is the meaning of 1 % without INPUT TAX CREDIT AND 12.5 % Please and refer me SOME BOOKS

  • Ramesh Kumar Thakur

    what is the procedure of Registration of a JEWELLARY TRADE – When the liability will start for getting Registration on the —— PURCHASE, ON THE SELING , ON THE MAKING OF NEW ORNAMENTS and ON THE REPAIREOF OLD ORNAMENTS, Please guide under recently imposed EXECISE DUTY ON jewellery . and what is the meaning of 1 % without INPUT TAX CREDIT AND 12.5 % Please and refer me SOME BOOKS,
    MY MAIL ID – taaxmaan@rediffmail.com;