Govt hikes customs duty on precious metal imports to 10%
The Ministry of Finance late evening issued a notification increasing customs duty on several categories of precious metal waste, scrap and ash imports to 10%, in a move that could further discourage non-essential gold and precious metal imports into the country. According to Notification No. 15/2026-Customs dated May 12, 2026, the government has amended earlier customs notifications issued in October…
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