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Tuesday, August 13, 2013

Import Duty on Gold and Silver Hiked Tuesday Aug 13,2013


Import duty on refined gold bars will now be 10 % compared to 8% previously

Import duty on silver hiked to 10 % from the earlier 6 %

The government said the extra duties could boost its revenues by $790 million for the rest of this fiscal year ending March 31, 2014




Note
Indians imported 335.5 tonnes in April to June 2013

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