Golds Customs Duty
- All
- News
-
Gold Prices Drop By Rs 5,000/10gm Post Budget, Bring Cheers To Investors
Gold prices have corrected sharply by 7 per cent or Rs 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to invest in the yellow metal.
-
In Union Budget 2024, Good News For Those Looking To Buy Gold
Finance Minister Nirmala Sitharaman today announced a reduction in import duties on gold to 6% from 15%, a move spelling good news for those looking to buy the yellow metal. The customs duty on silver has also been slashed.
-
Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
-
Chess Player Srinath Narayanan Will Get Refund For Custom Duty Paid: Kiren Rijiju
Chess player Srinath Narayanan revealed earlier that he had to pay custom duty for the gold medal he won at the FIDE Online Chess Olympiad and had to wait for it for a long time.
-
Budget 2019: Gold Prices Go Up As Customs Duty Raised For First Time In 6 Years
Customs duty on gold and other precious metals were raised for the first time in six years today as Finance Minister Nirmala Sitharaman announced an increase in import duty from the current 10 per cent to 12.5 per cent while presenting her first Budget.
-
Jewellery Valuation Counter for International Fliers at Delhi Airport Soon
Fliers travelling with gold and precious jewellery may soon have some relief as Customs is mulling opening a counter at Delhi Airport for appraisal of such expensive items before embarking on a foreign travel so that they are not charged duty on their return.
-
Gold Smuggling at Delhi Airport: Court Denies Bail to Accused
A Delhi court has dismissed the bail plea of a man, accused of smuggling 760 gold coins worth Rs 1.33 crores from Dubai and throwing them in a dustbin at the IGI airport in Delhi, saying prima facie it appeared to be a case of customs duty evasion.
-
Jewellers continue protests in major cities
Jewellers across major cities came out in large numbers today to continue their protest against central excise on unbranded jewellery and the increase in customs duty on gold imports. Major protests were held on Mumbai, Lucknow, Kanpur and Rajkot.
-
Why jewellery will cost more
Local consumption of gold and silver jewellery may decrease owing to the increase in excise and customs duty, a top industry official said on Friday. The Finance Minister also announced increase in customs duty on gold and platinum from Rs 200 per 10 grams to Rs 300 per 10 grams.
-
Gold Prices Drop By Rs 5,000/10gm Post Budget, Bring Cheers To Investors
Gold prices have corrected sharply by 7 per cent or Rs 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to invest in the yellow metal.
-
In Union Budget 2024, Good News For Those Looking To Buy Gold
Finance Minister Nirmala Sitharaman today announced a reduction in import duties on gold to 6% from 15%, a move spelling good news for those looking to buy the yellow metal. The customs duty on silver has also been slashed.
-
Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
-
Chess Player Srinath Narayanan Will Get Refund For Custom Duty Paid: Kiren Rijiju
Chess player Srinath Narayanan revealed earlier that he had to pay custom duty for the gold medal he won at the FIDE Online Chess Olympiad and had to wait for it for a long time.
-
Budget 2019: Gold Prices Go Up As Customs Duty Raised For First Time In 6 Years
Customs duty on gold and other precious metals were raised for the first time in six years today as Finance Minister Nirmala Sitharaman announced an increase in import duty from the current 10 per cent to 12.5 per cent while presenting her first Budget.
-
Jewellery Valuation Counter for International Fliers at Delhi Airport Soon
Fliers travelling with gold and precious jewellery may soon have some relief as Customs is mulling opening a counter at Delhi Airport for appraisal of such expensive items before embarking on a foreign travel so that they are not charged duty on their return.
-
Gold Smuggling at Delhi Airport: Court Denies Bail to Accused
A Delhi court has dismissed the bail plea of a man, accused of smuggling 760 gold coins worth Rs 1.33 crores from Dubai and throwing them in a dustbin at the IGI airport in Delhi, saying prima facie it appeared to be a case of customs duty evasion.
-
Jewellers continue protests in major cities
Jewellers across major cities came out in large numbers today to continue their protest against central excise on unbranded jewellery and the increase in customs duty on gold imports. Major protests were held on Mumbai, Lucknow, Kanpur and Rajkot.
-
Why jewellery will cost more
Local consumption of gold and silver jewellery may decrease owing to the increase in excise and customs duty, a top industry official said on Friday. The Finance Minister also announced increase in customs duty on gold and platinum from Rs 200 per 10 grams to Rs 300 per 10 grams.
