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India hikes Import Tariff Value on Gold and Silver

The Indian Government today announced considerable hike in tariff value for imported gold and silver . The import tariff value of gold was hiked by 2.3% and that of silver was hiked by 4.6%, in tandem with price of the precious metals in the international market. ...

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Gold and Silver Jewellery exports rise sharply in India during Aug ’14

The silver jewellery exports from India surged by 84.80% year-on-year to touch $234.82 Million (Rs. 1,430.08 crores) during the month of August this year while its gold jewellery exports too rose by 10.44% year-on-year to $634.46 Million (Rs 3,863.85 crores), in accordance with the ...

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Indian State Silver Imports Plunge 86% in Aug. 2014

The decision by the newly elected regime to retain the 10% import duty on Silver seems to have paid off. The Silver imports by Gujarat- the state that hosts the country’s jewellery industry, has plummeted to five-year lows, falling sharply ...

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