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Gold, silver import duty hike: Govt collects ₹10,463 crore since May 13
The government has collected Rs 10,463 crore as customs duty on gold, silver and platinum between May 13 and August 2, Parliament was informed on Monday. The import duty on gold and silver had been hiked to 15 per cent, from 6 per cent, and that on platinum to 15.4 per cent from 6.4 per cent, with effect from May 13. Consequential changes were also made to other items, including gold and silver dore, coins, and findings. In a written reply to a question in the Lok Sabha, Minister of State for F…
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