Government Hikes Import Tariff Value of Gold, Silver - The Economic Times
Government Hikes Import Tariff Value of Gold, Silver - The Economic Times
Government Hikes Import Tariff Value of Gold, Silver - The Economic Times
Government hikes import tariff value of gold, silver - The Economic Times
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Governmenthikesimporttariffvalueof gold,silver
ByPTI|28Feb,2014,09.01PMIST
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Tillyesterday,theimporttariffvalueongoldwasatUSD421/10grams,whileonsilverit MostInfosysstafftoget57%payhike Mumbaiairport'snewT2:Beautiful Modiinaugurates'airportlike'b interiorshots terminalinVadodara Costorewardtopperformerswith stoodatUSD663/kg. 15.3%,comparedtoavg10% MumbaiMonorail:Salientfactsabout Aerialview:World'slargestsola India'sfirstmonorail Ivanpahopens ThenotificationinthisregardhasbeenissuedbytheCentralBoardofExciseand Customs(CBEC). InLondon,goldpricestodayfellby0.35percenttoUSD1,327.20anounceandsilverby 0.42percenttoUSD21.17anounce.Domesticgoldandsilverpricesremaineddown followingweakglobalpricetrend. GoldisthesecondlargestimportitemforIndiaafterpetroleum.Governmenthastaken severalmeasurestocurbgoldshipmentstoaddressthehighcurrentaccountdeficit. Accordingtothejewellersbody,totalgoldimportsareexpectedtobenotmorethan550 tonnesthisfiscalduetotheserestrictions,from845tonnesinthelastfiscal.
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