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Tag Archives: India gold import duty

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India Finance Ministry advised to cut gold import duty to 2% from 10%

The All India Gems and Jewellery Trade Federation (GJF) has forwarded its recommendations to the Union Finance Ministry ahead of the budget.   The industry body has urged the Finance Minister to bring down the gold import duty from 10% to 2%. ...

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India not plan to trim Gold import duty from 10% immediately

It appears that India’s 10% gold import duty, initiated last year, will continue even as an important gold-buying holiday approaches, according to analysts.   The country is not considering an immediate cut in gold import duties despite its trade account deficit narrowing ...

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