| 27.03.2012 - India cuts import tariff value of gold by 7.50pct |
| The Indian government has slashed the import tariff value of gold from $573 per 10 grams to $530. Though the decision was not taken due to the pressure from the Indian bullion industry, which has been protesting the duty hike, marketmen said it would provide a breather to the troubled industry. In the case of silver imports though, the tariff value remains unchanged at $1,036 per kilo...............................................Full Article: Source |