AOJ News : India hikes import tariff value on gold, silver

The government on Monday hiked import tariff value on gold and silver to US $411 (Rs24,662) per 10 grams and US $632 per kg as global prices have increased in the wake of escalating violence in Iraq. In the first fortnight of this month, tariff value on imported gold stood at US $408 per 10 grams and silver at US $617 per kg. 

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