Jamshedpur, March 7: On the lines of Indian Bullion and Jewelers’ Association, Jamshedpur Jewelers’ Association has decided to continue their strike till they get an assurance that the Union Budget proposal for an excise duty on jewelry will be removed.
More than 900 shops in the Kolhan Division, including 700 shops in the city, remained closed for the sixth straight day on Monday.
More than 500 Jewelers along with Singhbhum Chamber of Commerce and Industry president Suresh Sonthalia sat on a hunger strike since 10.30 in the morning on Monday in front of the Chhaganlal Dayaljee jewelry showroom in Bistupur.
Some also held placards depicting ‘Excise duty wapas lo’, ‘Inspector raj bandh karo,’ while some were waving the Indian Tricolor. Later in the evening, the hunger strike was called off, but traders were in no mood to open their shops and decided to ahead with the strike.
Chetan Adeshra, joint secretary of Jamshedpur Jewelers’ Association, said, “Till we get an assurance from the ministry that the excise duty will be removed, the strike will continue indefinitely. The imposition of 1% excise duty is unjustified.
How a small bullion trader can maintain ledgers and get registration with Central Excise, Customs and Service Tax Department. In fact, there is still competition for getting margin of profit. The government must withdraw the proposal.”
The strike is being taken quite seriously by jewelers in Jamshedpur, who have been organizing bike rallies for three consecutive days. They also recited the Hanuman Chalisa on Saturday in Bistupur reportedly for the god to change the Union finance minister’s decision on the issue.
The Union government around 4 years too attempted to impose the duty. But after the knowing the practical problem of the traders it had withdrawn the move. So, this time again they must consider that fact and withdraw the move.