Govt Raises Im­port Tar­iff Value on Gold & Sil­ver

The Economic Times - - Economy -

The gov­ern­ment on Wed­nes­day in­creased the im­port tar­iff value on gold and sil­ver to $408 per 10 gm and $520 per kg, re­spec­tively, in line with global prices. For the first fort­night of this month, the im­port tar­iff value on gold was fixed at $402 per 10 gm and on sil­ver was $502 per kg. The change in tar­iff value of these pre­cious met­als has been no­ti­fied by the Cen­tral Board of Ex­cise and Cus­toms. The im­port tar­iff value of gold and sil­ver has been changed tak­ing into ac­count the price trend in the global mar­ket and ru­pee sit­u­a­tion.

NEW DELHI

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