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India raises import duty on platinum to 15.4% from 10.75%

In July, the government had raised import duty on gold to 15 per cent. However, it had kept the tax on platinum imports unchanged at 10.75 per cent ....

Import Duty , Platinum Imports ,

Platinum Imports Jump Record High As Refiners Take Advantage Of Tax Change

The platinum imports in September jumped multifold to a record high as refiners imported a large amount of gold containing small amounts of platinum but registered the purchases with customs as platinum alloy to avoid paying higher duties, government and industry officials told Reuters. ....

United Arab Emirates , Andhra Pradesh , Chanda Venkatesh , Surendra Mehta , Ministry Of Commerce , Jewellers Association , July New Delhi , India Bullion , Platinum Imports ,