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GST of 3% on gold unlikely to dishearten Indian demand for the yellow metal

GST of 3% on gold unlikely to dishearten Indian demand for the yellow metal

Mon, Jun 05, 2017

Gold jewellery demand is unlikely to be impacted by the GST rate of 3% which is higher than the current tax rate. Though prices of the yellow metal may increase including that of silver and diamonds, industry experts say it will not impact demand.

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