Kerala jewellers seek review of gold and silver import duties
The Kerala Gold and Silver Merchants Association has urged the Centre to rationalise import duties, arguing that the rise from 6% to 15% has increased raw-material costs, curtailed legal imports and encouraged smuggling.
Kerala jewellers urged the Centre to rationalise gold and silver import duties, saying the increase from 6% to 15% has boosted smuggling, raised legitimate traders’ raw-material costs, reduced legal imports and undermined government revenue.
Why this matters
No related recent KGSMA signals were provided; the duty-review request is a standalone policy intervention focused on jewellery-sector sourcing costs and legal imports.
Retail-company signals are accelerating, up 389967% QoQ.
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