https://www.taxtmi.com/news?id=72775 Import duty on precious metals was increased to 15 per cent, with platinum duty raised to 15.4 per cent and consequential changes made for gold and silver related goods. The revision was intended to discourage purchases and reduce non-essential imports amid rising foreign-exchange outflows and a widening import bill. The higher levy was expected to feed into purchase bills, raise local prices and temporarily dampen physical demand. en-us Wed, 13 May 2026 16:31:03 +0530 Wed, 13 May 2026 16:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72775 Import duty on precious metals was increased to 15 per cent, with platinum duty raised to 15.4 per cent and consequential changes made for gold and silver related goods. The revision was intended to discourage purchases and reduce non-essential imports amid rising foreign-exchange outflows and a widening import bill. The higher levy was expected to feed into purchase bills, raise local prices and temporarily dampen physical demand. News - Wed, 13 May 2026 16:31:03 +0530 https://www.taxtmi.com/news?id=72775