Vertigo,
Incidentally, I was talking to an owner of Jewellery manufacturing unit. His view was that the industry provides job to lakhs of craftsmen who would not be able to find employment elsewhere. Per se, they do not mind the duty, but are against the 'inspection raj' which they will be subject to....
While I agree that that jewellery business should not be exempt, however, more importantly, the govt. has to work to remove the fear of inspections - which are more often than not (as per my own knowledge) used to harass businessmen and extort money under flimsy pretext.
Incidentally, I was talking to an owner of Jewellery manufacturing unit. His view was that the industry provides job to lakhs of craftsmen who would not be able to find employment elsewhere. Per se, they do not mind the duty, but are against the 'inspection raj' which they will be subject to....
While I agree that that jewellery business should not be exempt, however, more importantly, the govt. has to work to remove the fear of inspections - which are more often than not (as per my own knowledge) used to harass businessmen and extort money under flimsy pretext.
36th day of jewelers strike, we all know how their business works and how much jewelry is really bought with actual bills, as with this duty they will have to maintain their record and thus do every transaction through a bill they are fighting against it. As usual congress n aap are opposing govn but this is a strong step by govn and they must not rollback. Next in line should be construction sector.