Kumari Palany & Co

Gold & silver import tariff value reduced

Posted on: 02/Apr/2014 10:46:19 AM
Central government has reduced the import tariff value on gold to $421 per 10 gram from $445 per 10 gram earlier.

Also, the import tariff value, the base price at which customs duty is determined to prevent under-invoicing, in case of silver has been reduced to $644 per kg from $694 per kg earlier, a notification by the Central Board of Excise and Customs said. 
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