India caps duty-free gold imports for jewellery exporters to curb demand - Reuters
India caps duty-free gold imports for jewellery exporters to curb demand Reuters
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<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxPeGxxbFo1dW1QaTlaTlhDV05CcFRmOS1WM2FFV3JhLTFBenZ6aDdyUTM1QTdueVFrbFNLWjJyUFhBUTA3RlBGMk9rR3JzQ1ItZUJma0pJVUlKMjRQX1ZFbHo1SmlnWU9QTHpuZ3A4N2RNRi1DZGNzSHBDaHNCRFFPaDRiLXJFU2Q1bnhLYm8wRWFmWEVJb3g3eGJsTXMtM0kyLWJlV0xWVnMtUkp5RjNMd2dQS3RoLUtNY0E?oc=5" target="_blank">India caps duty-free gold imports for jewellery exporters to curb demand</a> <font color="#6f6f6f">Reuters</font>
India has introduced a 100-kilogram limit per licence for duty-free gold imports used in jewellery manufacturing, aiming to reduce overseas purchases of the precious metal.
The Indian government has imposed a 100-kilogram limit on gold imports under the Advance Authorisation scheme, aiming to curb rising imports and ease pressure on foreign exchange reserves.
The Directorate General of Foreign Trade has introduced new rules for duty-free gold imports by gems and jewellery exporters, including a 100 kg limit per licence and mandatory facility inspections for new applicants.
India has tightened duty-free gold import rules for jewellery exporters, capping imports at 100kg per licence and adding compliance measures to curb overall gold imports.
The Indian government has imposed a limit of 100 kg on gold imports under the Advance Authorisation scheme, which allows jewellery exporters to import raw materials at zero duty.
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