Central Excise Duty on Gold Jewellery -Time for Registration Extended

By Vijay Kumar

CBEC has announced extension of time for taking registration of an establishment by a jeweller up to 01.07.2016. Though, the liability for payment of central excise duty will be with effect from 1st March, 2016, the assessee jewelers may make the payment of excise duty for the months of March, 2016; April, 2016 and May, 2016 along with the payment of excise duty for the month of June, 2016.

Doesn't this require a statutory provision?

CBEC Circular No. 1026/14/2016-CX, Dated: April 23, 2016