The Finance Ministry has hiked import duties on gold and silver findings and coins of precious metals to 15 per cent from the existing 10 per cent. Import duty on gold and silver findings and coins of precious metals will now be 15 per cent. This includes Basic Custom Duty of 10 per cent and 5 per cent of AIDC, …
The government has increased import duty on gold and silver findings and coins of precious metals coins to 15 percent from 11 percent, starting from January 22, as per a Reuters report. An official notification has stated that there will be a 10 percent Basic Custom Duty and a 5 percent Agriculture Infrastructure Development Cess on certain imports. Track | …