Don’t miss the latest developments in business and finance.

Tariff value on gold, silver raised

Image
Press Trust Of India New Delhi
Last Updated : Jan 21 2013 | 2:31 AM IST

In the wake of rising global prices of precious metals, the government on Thursday raised the tariff value of gold and silver to USD 573 per ten gram and USD 1145 per kg, respectively.

The tariff value, which is released fortnigthly, is the base price on which the customs duty is determined to prevent under-invoicing.

During February, the tariff value of gold stood at USD 556 per ten gram and of silver at USD 1,067 per kg.

 

Also Read

First Published: Mar 02 2012 | 1:08 AM IST

Next Story