Wednesday, September 3, 2025

Govt hikes import obligation on gold and silver cash, jewelry findings

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NEW DELHI: The federal government has raised the import obligation on gold and silver findings in addition to cash of treasured metals to fifteen per cent, from 10 per cent at current, with impact from January 22.

Findings are gadgets like hooks and clips that are elements used for making jewelry. The step has been taken to learn the home business.

The brand new obligation fee of 15 per cent, contains a Fundamental Customs Obligation (BCD) of 10 per cent and a further 5 per cent below the All Business Obligation Disadvantage (AIDC). Nevertheless, this enhance doesn’t apply to the Social Welfare Surcharge (SWS) exemption.

The federal government has additionally raised the import obligation for spent catalysts that include treasured metals. The brand new obligation fee is 14.35 per cent, which contains a ten per cent Fundamental Customs Obligation and a further 4.35 per cent below the All Business Obligation Disadvantage. The rise, nonetheless, shouldn’t be relevant to the Social Welfare Surcharge (SWS) exemption.

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