Govt forms Committee on issues related to excise duty on jewellery

The composition of the Sub-Committee will be circulated once the names of its members are finalized.
All associations will be given an opportunity to submit representation before the Sub-Committee in writing and the all India associations to state their case in person.

Terms of reference of the Sub-Committee will include the issues related to compliance procedure for the excise duty, including records to be maintained, forms to be filled including Form 12AA, operating procedures and any other issued that may be relevant. The Sub-Committee will submit its report within 60 days of its constitution.

Till the recommendations of the Sub-Committee are finalized, the following shall be adhered to:
Source : taxguru.in