OUR NEW WEBSITE IS COMING UP SOON. KEEP VISITING THIS PAGE FOR MORE UPDATES. ----- JOIN OUR WhatsApp BROADCAST LIST, GIVE MISSED CALL ON 08893534646

Monday, July 31, 2017

Commodity Alert :Govt ups base import price of gold by $15/10 gm, silver by $20/kg




Govt ups gold base import price to $411/10 gm from $396/10 gm.


Govt ups silver base import price to $538/kg from $518/kg.


The government today increased the base import price of gold by $15 to $411 per 10 gm and that of silver by $20 to $538 a kg, according to a notice from the Central Board of Excise and Customs. Base import prices were last revised on Jul 14.Typically revised every fortnight, base import prices are used to
Calculate duty on gold and silver brought into the country by individuals who often do not carry purchase invoices. Since Jul 14, prices of gold and silver in global markets have increased 3.4% and 5.8%, respectively.    Currently, India levies 10% import duty on gold.



Source : newswire










More will update soon!!