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PLATINUM ALLOY IMPORTS
India restricts precious metal jewellery importsIndia has restricted imports of gold and precious metal jewellery from ASEAN countries, particularly Thailand, which were previously duty-f...- Govt restricts platinum article import, umbrellasIndia has restricted imports of certain platinum articles to combat illicit gold smuggling, following a surge in such imports. This move ai...
- Govt restricts import of unstudded platinum jewelleryIndia has tightened import rules for certain unstudded platinum jewellery. These new restrictions are effective immediately and will remain...
- DGFT notification on precious metal trade ensures consistency between customs duties and import regulations: GTRIThe DGFT has issued a notification aligning import regulations with the Union Budget 2025, targeting precious metals. This aims to eliminat...
- Dubai Gold can come only through agencies nominated under CEPAIndia has restricted gold and silver imports in specific forms to curb misuse of the India-UAE CEPA. The move, following a Budget FY26 anno...
- India imposes import restrictions on platinum alloyThe Indian government has imposed restrictions on importing platinum alloys with less than 99% purity to curb the misuse of tariff differen...
- India restricts platinum alloy imports, except 99% pureIndia has moved platinum alloy imports, except for 99% pure platinum alloys, to the restricted category, as announced in a government notif...
- Jewellery to get cheaper as customs duty reduced on jewellery and parts: Budget 2025Budget 2025: Customs tariff under first schedule to the customs tariff act, 1975 has been reduced to 20% on HSN code 7113 (jewellery and pa...
- Budget puts a check on illegal gold imports being done using UAE trade deal loopholeThe Union Budget introduced a separate HS code for platinum alloys to address illegal gold imports under the CEPA with UAE. This measure ai...
- Exclude precious metals from FTA ambit: GTRIIndia's gold imports surged to a record $14.9 billion in November 2024, surpassing crude oil. Free trade agreements, like the one with the ...
- India says UAE will look into issue of higher precious metal exports to IndiaIndia has urged the UAE to address concerns over a significant rise in exports of silver, platinum alloy, and dry dates, following the 2022...
- India's duty cut halts concessionary silver, platinum imports from UAEIndia has ended its silver and platinum imports from the UAE due to removal of concessionary duties, as per a recent trade agreement. The c...
- Surging gold prices drive shift from jewellery to bars and coins: WGC reportConsumers are shifting from gold jewellery to gold bars and coins due to rising gold prices, as reported by the World Gold Council (WGC). D...
- Gold prices steady as US rate-cut optimism supportsGold prices remain stable as market watches for Federal Reserve interest rate decisions. U.S. economic data release expected to provide mor...
- India's four-week platinum imports surpass 2023 total as gold shown as platinumIndia's platinum imports surged in June as dealers exploited a loophole by registering gold alloys as platinum to avoid higher duties. This...
- India raises import duty on platinum to 15.4%In July, New Delhi raised import duty on gold to 15% but then kept the tax on platinum imports unchanged at 10.75%.
- Taking advantage of loophole, traders importing refined gold as platinum alloyNearly 22 tonnes of gold have been imported through this route, industry sources said, adding that it was causing a revenue loss of more th...
- Govt eases conditions for silver importAdvance authorisation is issued to allow duty free import of inputs, which is physically incorporated in export product. The changed condit...
- Jewellers strike enters 14th dayThe strike by bullion traders and jewellers to protest the proposed increase in import duty on gold and imposition of excise duty on unbran...
- Bullion strike enters 13th dayThe strike by bullion traders and jewellers to protest the proposed increase in import duty on gold and imposition of excise duty on unbran...
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