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Silver import crackdown: Centre tightens rules on white metal — all you need to know
India has tightened silver imports in a major policy move to stop traders from taking advantage of a fresh duty gap created after the government raised import taxes on precious metals. Once duties on gold and silver were increased to 15%, concerns grew that lower-duty silver could start entering India through Dubai under the India-UAE free trade agreement, giving importers a way to avoid the full burden of the higher tariff.
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timesofindia.indiatimes.com
Why gold, silver duty hike to 15% is unlikely to hit demand for precious metals - explained - The Times of India
India Business News: In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the wo.
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theprint.in
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…
