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BUSINESS & ECONOMY

BREAKING: India has raised import duty on gold, silver, platinum, and jewellery components to 15% from ~6%, effective May 13, 2026

Import duty on gold and other precious metals has been raised, with the new rates set to take effect starting at midnight tonight.

by TaxConcept May 13, 2026May 13, 2026

Import duty on gold and other precious metals has been increased, and the revised rates will come into effect from midnight tonight.

Page from The Gazette of India, Extraordinary, featuring a notification from the Ministry of Finance regarding amendments to customs regulations, dated May 12, 2026.

Official government notification from the Ministry of Finance detailing customs amendments and updates on specific notification numbers and dates, including procedural changes.

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Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income... More by TaxConcept

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