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Q. > Please Help: Rquirement of PAN for Jewelley
What is the Limit above which PAN is to Mention to be for Purchase of Jewellery.
1 Answers
answered Apr 13, 2013 by Vikky Kumar Jha , Darbhanga
With the gems and jewellery sector now being included under the Prevention of Money Laundering (Amendment) (PMLA) Bill, customers may be asked to furnish their permanent account number (PAN) card to the seller in case the transaction involves buying of gold jewellery above Rs 50,000
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SANKAR
04-Mar-2013 , 07:15:22 amRs. 500000/=
SANKAR
04-Mar-2013 , 07:15:40 amRs.500000/=