High Level Committee under Dr. Ashok Lahiri regarding imposition of Central Excise Duty on jewellery

Q.  High Level Committee under Dr. Ashok Lahiri has been formulated for which of the following purpose?
- Published on 25 Apr 16

a. To suggest ways to boost manufacturing sector production
b. Regarding the macroeconomic situation of India
c. Regarding increasing retirement age of judges
d. Regarding imposition of Central Excise Duty on jewellery

ANSWER: Regarding imposition of Central Excise Duty on jewellery
 
  • The Central Government has set-up a Sub Committee under Dr. Ashok Lahiri, to interact with the trade and industry on the imposition of Central Excise Duty on jewellery. The Committee comprises of the following members:
1. Shri Gautam Ray
2. Shri Rohan Shah, Legal Expert
3. Shri Manoj Kumar Dwivedi, Joint Secretary, Department of Commerce
4. Shri Alok Shukla, Joint Secretary, Tax Research Unit, CBEC
5. Representatives from the trade will be appointed to the sub-committee shortly.
  • The Committee shall consider all issues related to compliance procedure for excise duty, records to be maintained, operating procedures and all other relevant issues.

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