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Silver imports restricted; licence now must for select categories

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Silver imports restricted; licence now must for select categories

New Delhi: The government on Saturday imposed restrictions on imports of certain kinds of silver, days after it increased customs duty on the precious metal to 15% from 6%, as part of measures to preserve precious foreign exchange and contain the country's rising import bill amid the ongoing conflict in West Asia. The Directorate General of Foreign Trade (DGFT) amended…

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