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Gold duty News

28 Mar 2016

'Jewellery sales may fall 40-50 tonnes in Jan-Mar on strike'

Jewellery sales is likely to fall by 40-50 tonnes in the January-March period due to the ongoing strike against proposed 1 percent excise duty on non-silver jewellery, according to ICRA

18 Mar 2015

Smuggled gold seizures jump as duty stays high

Trade Minister Nirmala Sitharaman told lawmakers on Wednesday the number of gold seizures in first 10 months of the 2014/15 fiscal year to the end of January had jumped to 3,412 from 2,450 for the whole of the previous year.

Union Budget 2014-15

10 Jul 2014

India may cut gold import duty in Budget: Industry official

Gold imports into India are likely to rise 200 tonnes in the second half to December, a 14 percent increase compared with the first half.

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