https://www.taxtmi.com/article/detailed?id=17143 Gold imports can increase dollar demand, foreign-exchange outflows and current-account pressure, with possible effects on the rupee and inflation. Customs duty moderates import demand and raises revenue, but excessive duty can create price differentials that encourage smuggling, revenue leakage and informal financial activity. Gold also diversifies reserve assets and supports selective de-dollarization, while dollar liquidity remains central to global trade and finance. Policy requires a balanced duty structure, adequate reserves, controlled import dependence and measures to mobilize domestic gold without encouraging illicit trade. en-us Mon, 10 Aug 2026 08:38:11 +0530 Mon, 10 Aug 2026 08:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17143 Gold imports can increase dollar demand, foreign-exchange outflows and current-account pressure, with possible effects on the rupee and inflation. Customs duty moderates import demand and raises revenue, but excessive duty can create price differentials that encourage smuggling, revenue leakage and informal financial activity. Gold also diversifies reserve assets and supports selective de-dollarization, while dollar liquidity remains central to global trade and finance. Policy requires a balanced duty structure, adequate reserves, controlled import dependence and measures to mobilize domestic gold without encouraging illicit trade. Articles Customs - Import - Export - SEZ Mon, 10 Aug 2026 08:38:11 +0530 https://www.taxtmi.com/article/detailed?id=17143