Customs duty hike takes the shine off organised gold trade; smuggling rises ...Middle East

Business Standard - Economy
Customs duty hike takes the shine off organised gold trade; smuggling rises
source : Business Standard ( Middle East ) () 31
Gold smuggling surged to 50 tonnes in Q3CY26 after the import duty hike to 15%, widening the price gap and putting organised jewellery retailers at a disadvantage.

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