India's Ministry of Finance lowered the benchmark tariff of gold and silver

Home > News > Company News  > India's Ministry of Finance lowered the benchmark tariff of gold and silver

Hot Products

Latest News

YADAO Premium Wood & Beaded Velvet Jewelry Boxes - Customizable Sizes & Colors

YADAO Premium Wood & Beaded Velvet Jewelry Boxes - Customizable Sizes & Colors

2026-05-26 11:32:04

Elevate your jewelry presentation with the Love in the Afternoon Collection by YADAO. Crafted from premium natural wood and lined with soft, beaded velvet, these boxes combine lasting durability with a luxurious, tactile finish.

Pink Forest Customizable Travel Jewelry Case – Your Go-To Compact Organizer

Pink Forest Customizable Travel Jewelry Case – Your Go-To Compact Organizer

2026-05-06 19:00:02

Elevate Your Jewelry Storage: Introducing the Customizable Pink Forest Travel Jewelry Case from YADAO

New Dream Crystal Ring Box Elegance Meets Versatile Customization in Jewelry Packaging

New Dream Crystal Ring Box Elegance Meets Versatile Customization in Jewelry Packaging

2026-04-30 17:45:35

Dream Crystal Ring Box, a new collection designed to redefine how jewelry is presented, stored, and gifted.

Stylish Double-door Jewelry Display Box Upgrades Brand Packaging

Stylish Double-door Jewelry Display Box Upgrades Brand Packaging

2026-04-28 18:15:04

Elevate your jewelry packaging and display with our premium navy blue jewelry box.

Luxury Double-Opening Jewelry Storage Box Premium Set Packaging with PU Leather & Velvet

Luxury Double-Opening Jewelry Storage Box Premium Set Packaging with PU Leather & Velvet

2026-04-27 18:35:37

Elevate Jewelry Gifting with the Dreamy Double-Opening Jewelry Box, Combining Elegance, Functionality & Brand Customization

New Wine Red Luxury Ultra Fine Velvet Jewelry Box Collection

New Wine Red Luxury Ultra Fine Velvet Jewelry Box Collection

2026-04-23 15:01:34

Velvet Jewelry Box Collection is a high-end luxury jewelry packaging series crafted from premium ultra fine velvet fabric.

New Luxury Taupe Gray-Brown Jewelry Display Collection Elevate Your Jewelry Brand Image

New Luxury Taupe Gray-Brown Jewelry Display Collection Elevate Your Jewelry Brand Image

2026-04-21 14:05:21

Yadao launched brand-new taupe gray-brown textured leather jewelry display full set, bringing a more advanced and flexible display solution for global jewelry brands, boutiques and wholesalers.

Contact us

Email:john@bzshow.net                     
Whatsapp/wechat:+8613927492609

India's Ministry of Finance lowered the benchmark tariff of gold and silver

2014-08-30 15:24:50

India's Ministry of Finance on Friday (August 29) issued a notice announcing the benchmark gold import tariff price from $ 426/10 grams down to $ 420/10 grams and silver import tariff benchmark price from $ 650 / kg down to 645 USD / kg.

India's Ministry of Finance usually based on global commodity price changes to adjust import tariffs benchmark price.

Since Indian jewelry retailers in time for the festive arrival gold reserves to stimulate buying increases, the price of gold rose again on Friday in India 70 rupees to 28,300 rupees / 10 grams. At the same time, by industry and coins manufacturers buying, driven by the price of silver rose on Friday in India 150 rupees to 43,000 rupees / kg.

Indian Commerce and Industry Minister recently has once again called for the relaxation of Nirmala Sitharaman gold import restrictions, and that stringent restrictive policies have hit the Indian jewelry industry.

Sitharaman pointed out that despite the lifting of import restrictions may make part of the current account deficit (CAD) to go wide, but, and rampant smuggling of gold compared to the impact to be much smaller.