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PLATINUM ALLOY IMPORTS
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...20 May, 2025, 09.01 AM IST- 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...20 May, 2025, 12.59 AM IST
- 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...05 Mar, 2025, 12.01 PM IST
- 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...05 Mar, 2025, 09.31 AM IST
- 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...04 Feb, 2025, 05.39 PM IST
- 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...02 Feb, 2025, 06.43 PM IST
- 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 ...17 Dec, 2024, 07.12 PM IST
- 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...15 Oct, 2024, 10.32 PM IST
- 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...25 Jul, 2024, 05.14 PM IST
- 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...22 Jul, 2024, 09.40 AM IST
- 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...16 Jul, 2024, 07.44 AM IST
- 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...15 Jul, 2024, 08.20 PM IST
- 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%.03 Oct, 2022, 07.18 PM IST
- 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...26 Sep, 2022, 11.21 PM IST
- 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...13 May, 2020, 10.41 PM IST
- 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...30 Mar, 2012, 03.56 PM IST
- 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...29 Mar, 2012, 04.32 PM IST
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