Mar 05, 2014 at 17:04 | Source: PTI
We will revisit the import duty on gold only after the CAD figures become clear for the end of the year, let's see what the CAD figures are: Chidambaram
Feb 21, 2014 at 10:44 | Source: Moneycontrol.com
Gitanjali Gems, PC Jeweller, Renaissance Jewellery, Tribhovandas Bhimji Zaveri and Rajesh Exports climbed 1-2 percent.
Feb 21, 2014 at 10:03 | Source: Moneycontrol.com
Watch out for jewellery stocks including PC Jeweller, Gitanjali Gems and Shree Ganesh Jewellery as the finance ministry may consider reduction of import duty on precious metal from 10 percent to 2 percent.
Feb 19, 2014 at 13:36 | Source: CNBC-TV18
Unless the 80:20 scheme is relaxed, a duty cut may not of much help, BA Ramesh, Thangamayil Jewellery said.
Feb 18, 2014 at 16:12 | Source: PTI
The gems and jewellery industry has been clamouring for relaxation in gold import curbs and reduction in duty especially after the Finance Minister outlined in Budget to contain the Current Account Deficit (CAD).
Feb 18, 2014 at 12:39 | Source: PTI
Despite the massive increase in customs duty and many restrictions that the Centre put on jewellery imports, India consumed more gold than 2012, when it stood at 864 tonnes.
Feb 17, 2014 at 12:41 | Source: CNBC-TV18
FM understands the importance of manufacturing on one side and sustaining demand on other side and that is why the reduction on excise duty
Feb 14, 2014 at 20:42 | Source: PTI
Import tariff value is the base price at which customs duty is determined to prevent under-invoicing. The tariff value is revised on a fortnightly basis after analysing the global price trend.
Feb 13, 2014 at 20:43 | Source: CNBC-TV18
"Gold smuggling has increased and also Sonia Gandhi has made a statement that gold jewellers are hard-pressed and we need to cut down the duty, these can be only two reasons why I think something on gold import duty will be announced," Nirmal Jain said.
Feb 07, 2014 at 17:46 | Source: Reuters
India has put in place measures to dissuade gold buying to tackle a widening trade deficit, including a record 10 percent import tax and a requirement that a fifth of all imports of the metal be shipped out.