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India caps gold imports under Advance Authorisation scheme at 100 kg
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 Advance Authorisation scheme, which allows jewellery exporters to import raw or input materials at zero duty. The government has tighetend conditons for the issuance […]
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hindustantimes.com
Centre raises gold, silver import duties to 15% amid West Asia turmoil
Import duties on gold and silver has been increased from 6% to 15%, while the import duty on platinum has been increased from 6.4% to 15.4%. | Business News
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cnbc.com
India hikes bullion import duties as the world's second-largest gold market faces a declining rupee
The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.
