PREVIOUS
✖
Gold import duty
July 8 , 2022
851 days
655
0
- The government has hiked gold import duty to 15 per cent from 10.75 per cent.
- It aims to check the current account deficit (CAD) and rising import of the yellow metal.
- Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent.
- Along with the agriculture infrastructure development cess (AIDC) of 2.5 per cent, the effective gold customs duty will be 15 per cent.
Leave a Reply
Your Comment is awaiting moderation.