This exclusive collection comprises of beautifully handcrafted jewellery pieces made with precious gemstones, pearls and diamonds
The gem and jewellery industry across the nation heaves a sigh of relief as Finance Minister Pranab Mukherjee agrees to withdraw the excise duty of 1 % on both branded and unbranded jewellery recently proposed in the 2012-2013 Budget. %%
The Finance Ministry had levied an excise duty of one per cent on branded precious metal jewellery in the Budget this year. In the Union Budget 2012-13, the Finance Ministry included unbranded jewellery under the excise duty structure. Gold will become cheaper now after government rolls back hike and excise duty of unbranded jewellery.%%
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1. No excise duty on purchase of jewellery valued Rs 5 lakh against earlier threshold of Rs 2 lakh, says Pranab.$$
2. Levy on all precious metals, branded or unbranded withdrawn: Pranab.$$
3. Import duty to stay as put$$
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