A strike by jewellers and bullion traders continued for the 18th straight day on Saturday demanding a roll-back of the proposed excise duty on non-silver jewellery.
Most jewellery shops and establishments in the country have been on strike since March 2 after Finance Minister Arun Jaitley in his Budget announced 1 per cent excise duty on non-silver jewellery.
Jewellers are also opposed to mandatory quoting of PAN by customers for transactions of Rs. 2 lakh and above.
Meanwhile, in a bid to calm the frayed nerves of agitating jewellers, the Finance Ministry on Friday said artisans and job workers will not have to pay this levy.
Most jewellery shops and establishments in the country have been on strike since March 2 after Finance Minister Arun Jaitley in his Budget announced 1 per cent excise duty on non-silver jewellery.
Jewellers are also opposed to mandatory quoting of PAN by customers for transactions of Rs. 2 lakh and above.
Meanwhile, in a bid to calm the frayed nerves of agitating jewellers, the Finance Ministry on Friday said artisans and job workers will not have to pay this levy.
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