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Taxes, consumer sentiment behind fall in gold demand: Ajay Mitra

PUBLISHED ON: May 17, 2012 | Duration: 8 min, 20 sec

  
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Ajay Mitra, MD, India and Middle East, World Gold Council, says there are three reasons behind the softening of gold demand – a change in the way customs duty is administered on bullion, confusion around excise duty and tax at source, and poor consumer sentiment across India.
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