Excise duty hike on jewellery will lead to 'inspector raj,

Image
Press Trust of India New Delhi
Last Updated : Mar 25 2016 | 7:14 PM IST
The levy of 1 per cent excise duty on non-silver jewellery will lead to "inspector raj and corruption", Delhi Chief Minister Arvind Kejriwal today said today and hit out at the Centre for its decision despite widespread opposition.
His comments came hours after a section of jewellers today met him at his residence urging him to lead a rally at Ramlila Maidan against the budgetary proposal to impose the excise duty.
"Jewellers associations met me today. New excise duty will mean inspector raj n corruption. Stiff opposition across India, yet centre adamant(sic)," Kejriwal tweeted.
About 30 representatives of various jewellers' association met him. Sources said he has agreed to the jewellers' suggestion to lead the rally and lend his weight to their demand.
Kejriwal told the representatives that he would also galvanise support for their cause from other chief ministers, by writing to them including those of BJP-ruled states to back the jewellers' demand., they said.
They further said the date and time of the rally is yet to be decided.
Last week, a section of jewellers had met Kejriwal with the same demanded of a roll back.
The Delhi CM had also written to Prime Minister Narendra Modi demanding the same.
"I strongly object to the excise duty levied on the Jewellery sector by the central government and demand its roll back," Kejriwal had said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 25 2016 | 7:14 PM IST

Next Story