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Classification rules allow platinum alloys with up to 98% gold to be labeled as platinum alloy.

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Digital investment management for remote workers ✌️【Non-Full-Time】✌️Your ₹500 can grow exponentially with blockchain-backed investments. Join now!Another route is gold and silver jewellery imports from Indonesia, which reached $905.2 million under the ASEAN-India FTA, benefiting from tariff-free access.The ReserveBank of Indiaimports a large amount of gold regularly, however, such imports are under capital account and not included in commercial import data.

Digital investment management for remote workers ✌️【Non-Full-Time】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!These alternative channels significantly inflate actual gold imports beyond official figures.There is speculation that some gold imported by an SEZ may have been double-counted, potentially explaining the surge in import figures.

However, only gold entering through a bill of entry filed at Customs is considered an import.

Movements within the country, such as for use in SEZs, EOUs, or Gift City, or subsequent domestic sales, don’t qualify as imports and should not be included in import data.

Digital investment management for remote workers ✌️【Non-Full-Time】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!The Directorate General of Commercial Intelligence and Statistics and CBIC may need to verify if there has been any deviation from this practice.

Digital investment management for remote workers ✌️【Non-Full-Time】✌️High-Yield Investments start with ₹500. Maximize your returns and build your wealth!The government must address these concerns to ensure data integrity.India’s experience with the CEPA highlights the risks of duty concessions on gold, silver, and platinum in FTAs.

Digital investment management for remote workers ✌️【Non-Full-Time】✌️Small investments, big results! ₹500 can earn you up to 100% in just 30 days.These high-value, low-volume imports disproportionately impact trade deficit and forex reserves, undermining macroeconomic stability.

India should not offer any tariff cuts on precious metals under FTAs.Disclaimer: Views expressed are personal and do not reflect the official position or policy ofFinancialExpress.com.

Reproducing this content without permission is prohibited.Micromax and Phison have formed a joint venture, MiPhi, to produce storage chips in India.

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