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India hikes import duty on gold and silver coins, jewellery findings

The government has raised the import duty on gold and silver findings as well as coins of precious metals to 15 per cent, from 10 per cent at present, with effect from January 22.

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Govt hikes import duty on gold and silver coins, jewellery findings

The government has raised the import duty on gold and silver findings as well as coins of precious metals to 15 per cent, from 10 per cent at present, with effect from January 22.Findings are items like hooks and clips which are components used .

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Government raises import duties for gold, silver findings, spent catalysts containing precious metals to 15%

Moreover, the government has also raised the import duty for spent catalysts that contain precious metals. The new duty rate is 14.35%.

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