Business Standard

Gold Import Duty

India plans to cut gold import duty to arrest smuggling: Govt officials

The effective duty on gold is currently 18.45%, which includes 12.5% import duty, 2.5% agriculture infrastructure development cess and other taxes

India plans to cut gold import duty to arrest smuggling: Govt officials
Updated On : 23 Jan 2023 | 10:54 PM IST

India raises base import price of palm oil, gold as prices surge globally

India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold

India raises base import price of palm oil, gold as prices surge globally
Updated On : 16 Dec 2022 | 9:54 AM IST

How will the hike in import duty of gold affect customers in India

Indian gold imports in May were recorded at 107 tonnes, a rise of 790 per cent year-on-year, and impacting the current account deficit negatively

How will the hike in import duty of gold affect customers in India
Updated On : 08 Jul 2022 | 11:52 AM IST

Import duty hike likely to weigh on stocks of gold jewellery retailers

Analysts were bullish on Titan before, but may downgrade target price

Import duty hike likely to weigh on stocks of gold jewellery retailers
Updated On : 01 Jul 2022 | 11:20 PM IST

Top headlines: Gold import duty raised to 15%, GST receipts up 56% in June

India's factory output expanded at its slowest pace in nine months in June. More on that in our top headlines

Top headlines: Gold import duty raised to 15%, GST receipts up 56% in June
Updated On : 01 Jul 2022 | 7:05 PM IST

Budget 2020: Commerce ministry seeks a reduction in import duty on gold

Gross export of gems and jewellery declined by 5.3% to $27.7 bn for the first nine months of this FY

Budget 2020: Commerce ministry seeks a reduction in import duty on gold
Updated On : 14 Jan 2020 | 1:22 AM IST

India's seizures of smuggled gold jumps in June quarter: Official

The illegal trade could rise further in coming months as India, the world's second biggest gold consumer, raised an import tax on gold by 2.5 percentage points to 12.5% in July's federal budget

India's seizures of smuggled gold jumps in June quarter: Official
Updated On : 02 Sep 2019 | 8:33 PM IST

Slash GST rate, bring down import duty on gold from 10%: Niti Aayog to Govt

Slash GST rate, bring down import duty on gold from 10%

Slash GST rate, bring down import duty on gold from 10%: Niti Aayog to Govt
Updated On : 24 Aug 2018 | 8:51 PM IST

As trade deficit falls, Centre may reduce import duty on gold: Official

India's trade deficit narrowed more-than-expected to $12.96 billion in June

As trade deficit falls, Centre may reduce import duty on gold: Official
Updated On : 28 Jul 2017 | 8:43 AM IST