In one click, you will find all the information you are interested in about PAN MANDATORY FOR JEWELLERY PURCHASE. We have collected the most complete and diverse information for you.
https://www.bankbazaar.com/gold-rate/pan-card-mandatory-to-buy-gold-worth-rs-two-lakh-or-more.html
Furnishing PAN card details for gold purchase was made mandatory by the Government of India for transactions valued at Rs.2 lakhs and above. The rule impacted the organised jewellery trade affecting more than 50% of business in terms of value. Prior to 1st January 2016, PAN details were required only for purchase of Rs.5 lakhs and above.
https://m.economictimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/now-no-pan-card-required-for-jewellery-purchase-of-over-rs-50000/articleshow/60973541.cms
Oct 06, 2017 · NEW DELHI: Jewellery purchases exceeding Rs 50,000 won’t require the income tax permanent account number ( PAN) to be provided after the government reversed an earlier notification on Friday, providing a big festive cheer for the sector and potential customers. Jewellers will also not be required to inform authorities about jewellery purchases of over Rs 50,000 after the government …
https://taxguru.in/income-tax/pan-mandatory-purchase-jewellery-worth-rs-lakh.html
Jul 01, 2011 · As per the amendments in the income tax rules, coming into effect from July 1, quoting PAN (Permanent Account Number) will be mandatory for any payment of Rs five lakh or more for purchase of bullion or jewellery.
https://www.indiatvnews.com/business/news-pan-aadhaar-kyc-mandatory-gold-silver-jewellery-cash-purchase-above-rs-10-lakh-677007
Jan 09, 2021 · Govt clarifies The Department of Revenue (DoR), Ministry of Finance has clarified that any purchase of gold, silver, jewellery, or precious gems and stones below Rs 2 lakh does not require PAN …Estimated Reading Time: 5 mins
You've looked at the most informative PAN MANDATORY FOR JEWELLERY PURCHASE links. On our site you can also find a lot of other information related to jewelry.
