Jewellers not to end strike till govt withdraws excise duty proposal

Jewellers not to end strike till govt withdraws excise duty proposal

New Delhi: Traders body CAIT and All India Bullion Jewellers and Swarnkar Federation (AIBJSF) on Sunday said they will not withdraw their strike till the time government rolls back the proposal to impose 1 per cent excise duty on non-silver jewellery.
The strike by a section of jewellers to protest against the proposal entered the 26th day on Sunday.
Releasing a white paper on the issue, representatives of Confederation of All India Traders (CAIT) and IBJSF urged Prime Minister Narendra Modi and Finance Minister Arun Jaitley to intervene in the matter to resolve the issue.
“We have been on strike for last 26 days and will continue to do so for indefinite period till the time government rolls back its decision,” All India Bullion Jeweller & Swarnkar Federation President Praveen Goel told reporters here.
He said that the worst affected with this proposal are daily wage artisans.
CAIT secretary general Praveen Khandelwal said that the government should at least put its decision on abeyance till the issue get resolved.
Khandelwal also said that the committee which was formed by the government on the issue should have equal participation from the traders.
“Government should take traders into confidence and open the door for discussion on the matter. Traders are not running from paying taxes. The profit of traders are very low and one per cent levy is very high,” he said.
Refuting the allegation of black money generation in the jewellery trade, he said trader is not the source of black money.

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