Gold import tariff

Government hikes import tariff value on gold and silver

The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing. It is normally revised on a fortnightly basis.

Feb 10, 2016, 17:39 PM IST

Govt hikes import tariff value on gold to $347

The government Wednesday raised import tariff value on gold marginally to USD 347 per 10 grams but reduced it on silver to USD 448 per kg, taking into account global price trend.

Dec 16, 2015, 22:13 PM IST

Govt raises import tariff on gold to $369

The government on Tuesday raised the import tariff value on gold to USD 369 per 10 grams taking strong cues from the global market.

Sep 01, 2015, 19:04 PM IST
India's imports of gold-silver alloy may almost double

India's imports of gold-silver alloy may almost double

India`s imports of dore, a semi-pure alloy of gold and silver, are rising fast and could nearly double this fiscal year, the head of the country`s top gold refiner said on Saturday.

Aug 22, 2015, 16:11 PM IST
Govt cuts tariff value on imported gold for 2nd straight week

Govt cuts tariff value on imported gold for 2nd straight week

The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.

Jul 24, 2015, 14:02 PM IST
Govt further cuts gold, silver import tariff value

Govt further cuts gold, silver import tariff value

Government further slashed the import tariff value of gold to USD 376 per 10 grams and of silver to USD 498 per kg due to weak global prices.

Jul 16, 2015, 13:27 PM IST

Government reduces tariff value on gold, silver

During last fortnight, the tariff value on imported gold was USD 398 per 10 grams and on silver at USD 567 per kg.

Jun 01, 2015, 16:47 PM IST

Govt raises import tariff value on gold at $388 per 10 gm

The government Thursday raised import tariff value of gold to USD 388 per 10 grams, taking cues from global price trends.

Apr 16, 2015, 23:29 PM IST

Govt hikes import tariff value on gold and silver

The government Tuesday raised import tariff value on gold to USD 396 per 10 grams and on silver to USD 561 per kg in line with volatile global price trends.

Dec 16, 2014, 18:26 PM IST

Gold looks likely to test $1,200; silver slumps to four-year low

Silver`s sell-off extended to a second session on Monday, with the metal tumbling to a four-year low, as investors unwound long positions amid strength in the dollar and the possibility of a sooner-than-expected U.S. rate hike.

Sep 22, 2014, 13:30 PM IST

Govt reduces tariff value on gold, silver

The government on Friday reduced the import tariff value on gold and silver to USD 420 per 10 grams and USD 645 per kg, respectively, taking cues from firm global prices.

Aug 29, 2014, 18:18 PM IST

Govt hikes import tariff value on gold, silver

The government Friday hiked the import tariff value on gold and silver to USD 424 per 10 grams and USD 650 per kg respectively, in view of volatile global price trends.

May 16, 2014, 17:14 PM IST

Govt hikes import tariff value on gold, silver

The government on Wednesday hiked the import tariff value on gold and silver to USD 431 per 10 grams and USD 646 per kg, respectively, taking firm global cues.

Apr 16, 2014, 17:00 PM IST

Govt cuts import tariff value of gold & silver

Import tariff value is the base price at which customs duty is determined to prevent under-invoicing.

Feb 03, 2014, 15:34 PM IST

Govt cuts import tariff on gold to $417 per 10 gram

The government Wednesday further slashed the import tariff value of gold to USD 417 per ten gram, while it was kept unchanged for imported silver at USD 738 per kg, in line with global trend.

Nov 13, 2013, 20:09 PM IST

Govt cuts import tariff on gold, hikes silver

The government on Friday slashed the import tariff value of gold to USD 440 per ten gram and raised it on silver to USD 738 per kg, in line with global prices of the precious metals.

Nov 01, 2013, 15:09 PM IST

Gold recovers Rs 100 in Mumbai on good buying

Pure gold of 99.9 percent purity gained by a similar margin to close at Rs 30,395 per 10 gram from Rs 30,295.

Oct 12, 2013, 17:23 PM IST

Indians may import record volumes of silver

Higher silver demand in the world's biggest buyer may help support prices, which have fallen almost 30 percent this year on the international market.

Oct 09, 2013, 09:42 AM IST

Govt hikes tariff value on imported gold; cuts on silver

Taking cues from global price movements, the government today raised the import tariff value of gold to USD 436 per 10 grams, while reducing it on imported silver to USD 702 per kg.

Oct 01, 2013, 17:12 PM IST

Jewellers, exporters welcome import duty hike

Welcoming government's decision to hike import duty on gold and silver ornaments to 15 percent, domestic jewellery makers and exporters Tuesday said the move will protect the domestic artisans and boost exports.

Sep 17, 2013, 21:00 PM IST