The government has capped gold imports under the Advance Authorisation scheme at 100 kilograms and tightened compliance and monitoring norms for importers in the gems and jewellery sector, according to a DGFT notification issued on Thursday.

Industry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investments in gold bars and coins can reduce…

The Directorate General of Foreign Trade has introduced new rules for duty-free gold imports by gems and jewellery exporters. These measures include a 100 kg limit per licence and…

The government has capped gold imports under the Advance Authorisation scheme at 100 kilograms and tightened compliance and monitoring norms for importers in the gems and…

New Delhi, May 14 (PTI) A day after significantly increasing the import duty on precious metals, the government on Thursday imposed a limit of 100 kg on gold imports under the…

India has imposed new restrictions on duty-free gold imports. This move follows a recent increase in customs duties. The government aims to prevent misuse of a special import…

New government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. These measures aim to control precious…

This comes in the context of the government seeking to tighten oversight on imports of precious metals, so as to ease pressure on forex reserves.

The move followed its Wednesday decision to hike the import duty on precious metals such as gold and silver from 6% to 15% to curb imports | India News