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KYC needed for purchase of jewellery over Rs 2L: Govt

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 permanent account number (PAN) or Aadhaar of a customer as mandatory Know Your Customer (KYC) document.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/38pIyzs
KYC needed for purchase of jewellery over Rs 2L: Govt KYC needed for purchase of jewellery over Rs 2L: Govt Reviewed by Space encyclopaedia on January 09, 2021 Rating: 5

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