Industry

Gold import tariff value slashed

The government on Wednesday further slashed the import tariff value of gold to $417 per 10 gram, while it was kept unchanged for silver at $738 a kg, in line with global trend.

The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing. The tariff value on imported gold stood at $440 per 10 gram on Tuesday.

However, the tariff value on imported silver, brass scrap, vegetable oils and areca nut has been kept unchanged.


Our code of editorial values

This article is closed for comments.
Please Email the Editor

Printable version | Sep 17, 2021 7:33:21 PM | https://www.thehindu.com/business/Industry/gold-import-tariff-value-slashed/article5347662.ece

Next Story