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Classification rules allow platinum alloys with up to 98% gold to be labeled as platinum alloy.
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VIDYX vidyx in India for beginners ✌️【Remote Work】✌️Invest ₹500 and experience guaranteed monthly profits. Start now!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.
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VIDYX vidyx in India for beginners ✌️【Remote Work】✌️Start with ₹500 and earn steady, high returns every month!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.
VIDYX vidyx in India for beginners ✌️【Remote Work】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!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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