The levy of 1 per cent excise duty on non-silver jewellery will lead to “inspector raj and corruption”, Delhi Chief Minister Arvind Kejriwal today said today and hit out at the Centre for its decision despite widespread opposition. His comments came hours after a section of jewellers today met him at his residence urging him … Read More →
Jewellery industry body AIBJSF on Friday decided to continue their strike for an indefinite period against imposition of 1% excise duty on non-silver jewellery and announced plans to hand over keys of their shops to Finance Minister Arun Jaitley. All India Bullion, Jewellers, Swarankar Federation (AIBJSF), which had organised a big rally at Ramlila maidan … Read More →
Gems and jewellery exporters urged the Centre to withdraw the proposed 1 percent excise duty on non-silver jewellery, adding that they do not want to join the ongoing strike by bullion traders and retailers. Members of over 358 associations related to jewellery trade and related businesses are on strike since March 2 to demand withdrawal … Read More →