Monday, June 11, 2012

Customs duty on gold and silver

Duty on Import of Standard Gold

(i) Gold bars, other than tola bars, bearing manufacturer's or refiner's engraved serial number and weight expressed in metric units, and gold coins having gold content not below 99.5%, imported:

Effective Date

Tariff Value in US $ for 10 grams

Exchange Rate

Value in Rs. for 10 grams

Basic Duty in Rs. for 10 grams

Education Cess in Rs. for 10 grams

Total Duty in Rs. for 10 grams

08-06-2012 -

531

55.55

29497

1180

35

1215

07-06-2012 - 07-06-2012

531

55.95

29709

1188

36

1224

31-05-2012 - 06-06-2012

501

55.95

28031

1121

34

1155

 

Duty on Import of Non-Standard Gold

(ii) Gold in any form other than (i), including tola bars and ornaments, but excluding ornaments studded with stones or pearls:

Effective Date

Tariff Value in US $ for 10 grams

Exchange Rate

Value in Rs. for 10 grams

Basic Duty in Rs. for 10 grams

Education Cess in Rs. for 10 grams

Total Duty in Rs. for 10 grams

08-06-2012 -

531

55.55

29497

2950

88

3038

07-06-2012 - 07-06-2012

531

55.95

29709

2971

89

3060

31-05-2012 - 06-06-2012

501

55.95

28031

2803

84

2887

 

Duty on Import of Silver

Silver, in any form including ornaments, but excluding ornaments studded with stones or pearls, imported by the eligible passenger:

Effective Date

Tariff Value in US $ for 1 kilogram

Exchange Rate

Value in Rs. for 1 kilogram

Basic Duty in Rs. for 1 kilogram

Education Cess in Rs. for 1 kilogram

Total Duty in Rs. for 1 kilogram

08-06-2012 -

899

55.55

49939

2996

90

3086

07-06-2012 - 07-06-2012

899

55.95

50299

3018

91

3108

31-05-2012 - 06-06-2012

899

55.95

50299

3018

91

3108

Customs duty on gold and silver on a day-to-day basis has been made available on the "Home" page of  http://www.referencer.in for the benefit of the Travelers & Officers posted at the airports.

No comments:

Post a Comment