Commodities Live: Import Duty On Gold Increased By 5%; Watch The Special Coverage On Gold Import Duty

Import duty on gold hiked by 5% from today. Import of gold will be costlier by Rs 2500. Gold prices increased due to hike in import duty. The price of gold on MCX rosed by more than Rs 1000. The government has hiked the import duty on gold to 15% from 10.75%. Import tax on gold is 18% including import duty and GST. Understand the effect of import duty from big exporters on Commodities Live.