Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pcIndia saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the govern...
15 May, 2026, 06.47 PM IST
DRI, Customs officers to intensify vigil on gold smuggling post import duty hikeRevenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India rai...
13 May, 2026, 01.59 PM IST
India raises gold import duty back to 15%: What’s behind the moveIndia has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign ex...
13 May, 2026, 08.55 AM IST
India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
13 May, 2026, 08.41 AM IST
Indian April gold imports fall to near 30-year low as tax demand hits shipmentsIndia’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...
30 Apr, 2026, 06.06 PM IST
Covid-19 Impact: Half of the gold refineries in the country closes downThese refineries are located in Uttarakhand, Ahmedabad and Delhi. Earlier, nearly 20 tonnes of dore gold was coming to India from these cou...
15 Jun, 2020, 08.51 PM IST
Government puts gold dore imports under restricted categoryIndia, the world's second-biggest gold consumer after China, imports about 900 tonnes of gold a year.
30 Nov, 2018, 10.43 PM IST
Rising gold dore imports to India to dent banks' market shareThe rising dore imports should reduced the market share of refined gold-supplying banks such as JPMorgan, ICBC Standard, Scotiabank, UBS, H...
06 Aug, 2018, 12.40 PM IST
Ghana makes government certificate mandatory for exporting dore goldConflict gold is mined illegally or by employing child labour or using illicit means of mining. Funds generated by such means are used to s...
03 Nov, 2016, 12.57 PM IST
Impure gold imports halve in April vs JanuaryThe reduction in imports will not only help ease the government’s current account deficit but also contain the entry of conflict gold.
03 May, 2016, 03.51 AM IST
Assocham urges Centre to raise countervailing duty on gold dore to 9%“There is ample opportunity to grow refining capacity further across the nation, which will only add to ‘Make in India,’ and simultaneously...
26 Apr, 2016, 06.20 PM IST
Indian gold refining units are now focusing on scrap jewelleryThe duty differential for refining units in nonexcise free area is a meagre 0.47% those operating in excise free zone is enjoying a margin ...
25 Mar, 2016, 02.25 AM IST
Gold dore imports on 8% duty hit bar inflows from DubaiImport of gold bars from Dubai to India, that attracts a 10 per cent import duty, may take a hit as refiners are importing more of gold dor...
14 Sep, 2015, 05.14 AM IST
Differential gold import levies may cost India $3 billion: ReportGoing by the report, the current 2.06% duty differential — representing $25.75/oz — is significantly higher than the refining cost.
29 Jun, 2014, 02.40 PM IST
RBI eases norms for gold dore importsRBI partly eased restrictions on import of gold dore by allowing refineries to import 15% of their gross annual requirement in first 2 mont...
31 Dec, 2013, 09.37 PM IST
- Budget 2012: Higher customs duty worries gold refiners
Gold dore is a bar of semi-purified gold. After being mined, the first stage in the purification of gold ore produces a cast bar (gold dore...
19 Mar, 2012, 04.12 AM IST
- Govt waives basic customs duty and special additional duty on semi-purified gold bars
The operating capacity of domestic gold refineries may go up as the government has waived basic customs duty and special additional duty fo...
08 Mar, 2011, 01.24 AM IST