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Silver imports now require prior authorisation as India tightens import rules
India's recent crackdown on silver imports marks a bold economic strategy. Now, traders must secure prior authorization for all grain and powder silver forms, a move aimed at stabilizing the rupee and curbing excessive shipments. Following last months restrictions on silver bars and semi-manufactured items, the government has upped import duties on gold and silver to 15%.
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economictimes.indiatimes.com
Silver imports now require prior authorisation as India tightens import rules
India's recent crackdown on silver imports marks a bold economic strategy. Now, traders must secure prior authorization for all grain and powder silver forms, a move aimed at…
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thehindubusinessline.com
India tightens silver import rules, mandates prior approval
India tightens silver import regulations, requiring prior approval and restricting new categories to stabilize the rupee and control shipments.
