Latest News on Gold imports
Showing of 0 - 10 from 137 results
Gold imports - Total results - 137
Dec 05, 2017
Foreign Trade Policy mid-term review: Exporters heave a sigh of relief; now for quicker GST refundsAccording to industry estimates, in four months since July when GST came into effect, “about Rs 40,000-50,000 crore” has been pending with the government in the form of GST refunds
Nov 27, 2017
India's gold imports to be over 700 tonnes in current fiscal, up 40%, says industry bodyGJEPC chairman demanded that the import duty on gold be brought down to 4-5 percent in the Budget, asserting that the prevailing 10 percent import duty on the yellow metal gives rise to smuggling
Nov 04, 2017
Demand for gold: Wedding season expected to infuse renewed interest in coming weeksGold imports by (jewellery) export houses have fallen sharply in the last few weeks resulting in moderating demand despite the market at premium levels
Sep 18, 2017
600 kg gold imports from Indonesia in two months; govt mulling curbsThe government has recently imposed restrictions on imports of the precious metal from South Korea on account of jump in gold imports from that country
Sep 15, 2017
Exports up 10.29% to $ 23.8 bn in August; trade deficit widens to $11.64 bnCumulative exports during April-August of 2017-18 rose by 8.57 percent to $118.57 billion
Aug 21, 2017
Banks to pay 3% Integrated GST on gold imports: CBECUnder GST, "3 percent Integrated-GST is payable on all imports of precious metals in addition to the basic customs duty. IGST paid can be taken as input tax credit by the banks."
Aug 21, 2017
Gold consignments from South Korea to face strict customs scrutinyThe Customs authorities have decided to examine thoroughly the consignments of gold coming from South Korea to ensure that there is no violation of provisions of free trade agreement
Aug 15, 2017
India to import 25 tonnes gold from South Korea, avoiding duty, say industry officialsIndia, the world's second biggest gold consumer after #China, imposes a 10 percent import duty on gold
Aug 14, 2017
Export up 3.94% to $22.54 bn in July; trade deficit widens to $11.44 bnCumulative export during April-July of 2017-18 rose by 8.91 percent to $94.75 billion while import increased by 28.30 percent to $146.25 billion, leaving a trade deficit of $51.5 billion.
Aug 09, 2017
Surge in gold imports from South Korea sets off alarm bells, govt mulls steps to check inflowGold imports from South Korea, with which India has a free trade agreement since January 2010, has jumped to $338.6 million during 1 July and 3 August this year. The import in 2016-17 was $70.46 million.