A delegation of 12 members representing the GJF met with Hon. Finance Minister Shri.Pranab Mukherjee, regarding the unwelcome re-imposition of 1 percent Excise Duty on ‘Branded’ jewellery which was announced in the Union Budget 2011. Also, the delegation is hoping to soon find a definition of the term ‘branded’ jewellery as the excise levy pertains only to ‘branded jewellery’ and not towards ‘unbranded’ jewellery. For this, the GJF is closely working with the Government seeking a separate notification, to ensure any unbranded products are not forcefully levied. Till such time all establishments that are truly sell “Branded” products only may apply Excise Duty.