Results 1 to 1 of 1
  1. #1
    www.desirulez.netwww.desirulez.net
    Join Date
    Apr 2011
    Location
    DesiRulez
    Posts
    46,678

    Default Govt hikes import tariff on gold, silver

    Follow us on Social Media







    The government has raised the import tariff on gold to $461 per 10 grams from $432. The import tariff value of silver was also raised to $803 per kg from $697 per kg.

    Tariff value is the base price taken to determine customs duty, so as to prevent under-invoicing.

    Gold imports to India, the world's largest consumer, in the first four months of the current financial year, rose 87 per cent to 383 tonnes.

    Gold prices in Delhi touched a peak of Rs 34,500 per 10 grams on Wednesday, thus recording an increase of 9 per cent in August. On Friday, while the yellow metal cost Rs 31,700 per 10 grams, silver cost Rs 54,000 per kg.

 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •