Apr 26, 2016

Jewellers Bodies from Across India Form National Committee on Excise Issue

The All-India Jewellers Meet called by GJEPC in Mumbai today concluded with the formation of a 20-member committee comprising representatives of all the major trade associations to ensure a coordinated industry response on the crucial issue of Excise duty. Over 60 jewellers representing four major all-India bodies and 11 state associations were present at the meet.

The committee will include representatives of Gem & Jewellery Export Promotion Council (GJEPC), All India Gem & Jewellery Trade Federation (GJF), All India Jewellers Action Committee, Indian Bullion & Jewellers Association (IBJA), and others.

The committee will focus on preparing a common submission to the Ashok Lahiri headed Sub-Committee of the High Level Committee set up by the government to look into issues related to the Imposition of Central Excise duty on jewellery. It will interact with the committee and government officials as required.

Speaking to www.gjepc.org, Praveenshankar Pandya, Chairman GJEPC said, “The all India jewellers meeting just concluded on a positive note. All groups have joined together to create a National Committee to find a solution on excise matters.”