Most jewellers back to business after six-week stir

Most jewellers back to business after six-week stir
Most jewellers back to business after six-week stir

NEW DELHI: After keeping shutters down for almost six weeks against the proposed 1 per cent excise duty on non-silver jewellery, a large section of jewellers and bullion traders across the country opened their shops today.

While some jewellery shops and showrooms were seen resuming their regular transactions in National Capital and Mumbai, the others remained closed.

Jewellery showrooms in Tamil Nadu and Andhra Pradesh were also opened.

“Jewellers, bullion traders and artisans have reopened their establishments in Rajasthan after the government’s assurance it would simplify implementation of excise duty”, Subhash Mittal, President, Rajasthan Sarafa Sangh said from Jaipur.

If the demands were not met, the jewellers in the state will resume the strike, he said.

Meanwhile, jewellers in Maharashtra have called off their strike temporarily, from April 14 to 24.

“We are meeting the Union Minister Piyush Goyal in Delhi today with our demands, which include paying additional 1 per cent additional tax on VAT instead of excise duty, no maintenance of extra register keeping details of each items, no additional tax on remake of old jewellery and no inspection of manufacturing and retail units.

“For this we have temporarily halted the strike in the state from April 14 to 24,” Maharashtra Rajya Saraf Suvarnakar Federation President Fatechand Ranka said.

Meanwhile, Chairman of Assocham’s National Council on Gems and Jewellery Sankar Sen said the jewellers may call off strike in next few days following the government’s assurance that Ashok Lahiri committee will consider all the demands.(Agencies)

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