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Budget 2024: Jewellery sector welcomes custom duty reduction on precious metals

Budget 2024: Jewellery sector welcomes custom duty reduction on precious metals

The reduction in duties will bring down input costs, increase value addition, promote export competitiveness and boost domestic manufacturing New Delhi: Finance Minister Nirmala Sitaraman in her first budget of the new Modi 3.0 government has reduced the custom duties on gold and silver to 6% and that on platinum to 6.4%. “To enhance domestic […]

The post Budget 2024: Jewellery sector welcomes custom duty reduction on precious metals appeared first on India Retailing.

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