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

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Real Estate Syndication for Cash Flow Positive Properties ✌️【Long-term Investment】✌️Join the blockchain revolution. ₹500 can unlock massive monthly profits. Start now!These imports surged from $8.9 million to $1.6 billion during January-September 2024, a massive 17,994% increase compared to the same period last year.Similarly, gold compounds from Japan, allowed duty-free under the India-Japan free trade agreement (FTA), totalled $621.7 million during this period, with the gold extracted and sold domestically.

Real Estate Syndication for Cash Flow Positive Properties ✌️【Long-term Investment】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.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.

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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.

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Real Estate Syndication for Cash Flow Positive Properties ✌️【Long-term Investment】✌️Invest with confidence using AI insights. Start at ₹500 and watch your wealth grow exponentially.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.

Real Estate Syndication for Cash Flow Positive Properties ✌️【Long-term Investment】✌️Invest small, earn big! ₹500 to start, with potential 100% returns in just one month.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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