Misuse of FTA for gold imports to end as govt tweaks import conditions

Gold and silver in any form, other than monetary gold and silver in any form, has been moved from free to restricted list, a government notification dated December 18 said. The imports under FTA were at a nominal duty against the 12.5% duty on gold and silver.

First published here: Misuse of FTA for gold imports to end as govt tweaks import conditions