Department of Communication

Home » March 2016 » Jewellery trade protests tax

Jewellery trade protests tax

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 38 other followers

Follow us on Twitter


BENGALURU:  Jewel shops owners and retailers from Karnataka on Thursday joined a nationwide protest against the one per cent excise duty to be levied by the Centre. The Karnataka Jewellers’Association protested by taking out a bike rally at Freedom Park.

“The jewellery sales have already been failing due to higher prices. We are urging the government to roll back excise duty and till then the protest will continue,” said Purushothama K, a member of the association.

In the Budget, finance minister Arun Jaitley had said: “Only jewellers with turnover of more than Rs 12 crore will be liable topay 1percent excise duty on non-silver jewellery items.”

Veda Gowda


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: