IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Feb 2010 | Removal date: open ended
Still in force

Import tariff

On 27 Feburary 2010, the government of India raised the maximum import tariff values payable for the imports of silver and gold in any form.
 
The maximum value of payable import duties are set to be

  • Rs. 1500/kg for silver, up from Rs.1000/kg,
  • Rs. 300/10g for gold bars, up from Rs. 100/10g,
  • Rs. 750/10g for gold in any other form, up from Rs. 250/10g.

 

AFFECTED COUNTRIES

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TABLE
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AFFECTED SECTORS AND PRODUCTS

382 Jewellery & related articles
7114 Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal.
711411 Of silver, whether or not plated or clad with other precious metal
711419 Of other precious metal, whether or not plated or clad with precious metal
413 Basic precious metals & metals clad with precious metals
7106 Silver (including silver plated with gold or platinum), unwrought or in semimanufactured forms, or in powder form.
710610 Powder
710691 Unwrought
710692 Semimanufactured
7108 Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form.
710811 Powder
710812 Other unwrought forms
710813 Other semimanufactured forms

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