New Delhi, May 16 (PTI) Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on silver.

The government, on May 13, hiked import duty on precious metals from 6 per cent to 15 per cent.

The import policy for silver, including silver played with gold and platinum, "are revised from free to restricted...with immediate effect," the Directorate General of Foreign Trade said in a notification.

Goods under restricted category needs government license for imports. PTI RR MR

Import curbs on silver tighten trade controls as import policy shifts from free to restricted with licensing requirements. Import policy for silver, including silver plated with gold and platinum, was revised from free to restricted with immediate effect, requiring a government licence for imports. The change followed an increase in customs duty on precious metals and reflects tighter controls on silver imports and related precious metal trade.