Govt Cuts Gold Duty Drawback Rate by 3.1 Pc, Silver by Nearly 9 Pc
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Amidst the joys of the festive season, a big news related to gold and silver has come to the fore. The government has suddenly taken a decision that has dealt a big blow to the jewellery sector. The special thing is that this decision is being considered a big shock for people associated with the gold and silver business. Now the question is, why was this decision taken suddenly?
Govt cuts gold duty drawback rate by 3.1 pc, silver by nearly 9 pc - tennews.in: National News Portal
New Delhi, Oct 16 (IANS) The central government on Friday reduced the duty drawback rates applicable to the export of gold and silver jewellery, as well as other precious metal products. According to a notification issued by the Ministry of Finance, the duty refund on gold jewellery has been cut by 3.1 per cent, while […] The post Govt cuts gold duty drawback rate by 3.1 pc, silver by nearly 9 pc appeared first on tennews.in: National News Porta…
Govt cuts gold duty drawback rate by 3.1 pc, silver by nearly 9 pc
Digital Desk | New Delhi, Oct 16 (IANS) The central government on Friday reduced the duty drawback rates applicable to the export of gold and silver jewellery, as well as other precious metal products. According to a notification issued by the Ministry of Finance, the duty refund on gold jewellery has been cut by 3.1 per cent, while the refund on silver jewellery and other such products has been reduced by approximately 9 per cent. The decisi…
Gold Silver Duty Drawback: The central government has reduced the duty drawback rates on selling gold and silver jewellery abroad. Now see what impact it will have on jewellery prices...
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