Centre Raises Import Duties on Gold, Silver, and Precious Metals
Zee Business Video Team | Updated: January 23, 2024 06:57 PM IST
Government has increased import duties on various precious metals and related products, effective January 22. Duties on gold and silver findings and coins were hiked from 10% to 15%, while spent catalysts used for extraction saw a rise to 14.35%. These adjustments align with previous silver duty increases from the 2023 budget and aim to regulate the import and taxation of precious metals in the country.
