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India raises import duty on gold, silver jewellery findings
short by Kalpesh / on Tuesday, 23 January, 2024
The Indian government has increased the import duty on gold and silver findings, used in making jewellery, and on precious metal coins to 15% from 11%, effective from Jan. 22, to bring them in line with duties on gold and silver bars. India is the world's second biggest consumer of gold, which is supplied almost entirely through imports.
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