Home » News » Gold » India raises import tariff value on Gold to $347 per 10 grams
During the first fortnight of this month, the tariff value on imported gold was fixed at $344 per 10 grams and on silver it was $461 per kg.
MUMBAI (Bullion Street): The government on Wednesday raised import tariff value on gold marginally to $347 per 10 grams but reduced it on silver to $448 per kg, taking into account global price trend.
The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing. It is normally revised on a fortnightly basis.