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Home » Blog » Hike in duty drawback on gold, silver to boost exports
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Hike in duty drawback on gold, silver to boost exports

Michael Hayes
Michael Hayes
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The government’s decision to increase the inconvenience rate in the select gold and silver article will help moderate the impact of the United States rate and the global jewelry demand of the US rate. Customs has notified that the inconvenience rate of gold jewels has increased to ₹ 405.40 per gram of ₹ 335.50 or simply gold content. For silver jewels and related items, the rate has risen to ₹ 4950.03 per kilogram of ₹ 4468.10 or net silver content.

What could this mean for Indian gold exports? Watch this video to know more.

Posted on April 24, 2025

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