New Delhi: The government hiked import tariff value on gold to USD 401 per 10 grams but kept the tariff unchanged for silver at USD 575 per kg, following global price trends. For the first fortnight of this month, the tariff value on imported gold was fixed at USD 396 per 10 grams. The import tariff value is the base price at which customs duty is determined to prevent under-invoicing.
Govt hikes import tariff value on gold
RECENT STORIES
Gold Falls ₹250 To ₹73,700 Per 10 Grams; Silver Stays Flat
Style Revival: Piaggio's Refined Vespa 140th Edition Limited
Force Gurkha 5-Door Interior Teaser Hints at Exciting Features Before India Debut
Hindustan Zinc Says It Becomes 3rd Largest Silver Producer Globally
Q4 Earnings: HDFC Life Profit Rises 15% To ₹412 Cr
