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Import tariff News

Reserve Bank of India

27 Sep 2018

RBI eases cash reserve rules to ease liquidity

RBI further announced the relaxation in statutory liquidity ratio (SLR) requirement with effect from October 1, 2018.

02 Mar 2018

Donald Trump to impose 25% import tariff on steel, aluminium

A move that could trigger a trade war with China and Europe.

27 Feb 2018

PM Modi a 'fantastic man', but US 'getting nothing': Trump complains again

Trump's repeated complaints show he continues to see relations between countries as a zero-sum game.

10 Feb 2016

Government hikes import tariff value on gold and silver

The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing. It is normally revised on a fortnightly basis.

22 Aug 2015

India's imports of gold-silver alloy may almost double

India`s imports of dore, a semi-pure alloy of gold and silver, are rising fast and could nearly double this fiscal year, the head of the country`s top gold refiner said on Saturday.

16 Jul 2015

Govt further cuts gold, silver import tariff value

Government further slashed the import tariff value of gold to USD 376 per 10 grams and of silver to USD 498 per kg due to weak global prices.

16 Apr 2015

Govt raises import tariff value on gold at $388 per 10 gm

The government Thursday raised import tariff value of gold to USD 388 per 10 grams, taking cues from global price trends.

01 Apr 2015

Govt hikes import tariff on gold, silver

The import tariff value is the base price at which customs duty is determined to prevent under-invoicing. It is revised on a fortnightly basis taking into account global prices.

14 Mar 2015

Government cuts import tariff on gold and silver

The government has slashed import tariff value on gold to USD 375 per 10 grams and silver to USD 512 per kg following weak global price trends.

22 Sep 2014

Gold looks likely to test $1,200; silver slumps to four-year low

Silver`s sell-off extended to a second session on Monday, with the metal tumbling to a four-year low, as investors unwound long positions amid strength in the dollar and the possibility of a sooner-than-expected U.S. rate hike.

29 Aug 2014

Govt reduces tariff value on gold, silver

The government on Friday reduced the import tariff value on gold and silver to USD 420 per 10 grams and USD 645 per kg, respectively, taking cues from firm global prices.

17 Jul 2014

China commerce minister chastises US after WTO victory

China filed a complaint to the WTO over the measures in 2012. Beijing has said the annual export value of the affected products was around $7.2 billion.

17 Jun 2014

Gold price regains Rs 28,000-mark on firm global cues

Gold regained the Rs 28,000-mark by rising Rs 240 in Delhi on Monday amid a firming global trend.

16 Jun 2014

Govt hikes import tariff value on gold, silver

The hike in tariff value on imported gold and silver has been notified by the Central Board of Excise and Customs.

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