Nearly 22 tonnes of gold have been imported through this route, industry sources said, adding that it was causing a revenue loss of more than `400 crore for the government. The India Bullion &Jewellers Association (IBJA) has, meanwhile, written to the finance ministry, requesting to change the policy.
from Commodities-Markets-Economic Times
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Tuesday 27 September 2022
Taking advantage of loophole, traders importing refined gold as platinum alloy
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