Gold jewellery amongst top in customs revenue chart of items

70720 sizedownsmall Gold jewellery amongst top in customs revenue chart of items70720 sizeupsmall Gold jewellery amongst top in customs revenue chart of items
 Gold jewellery amongst top in customs revenue chart of itemsAccording to Customs department at the at the Sardar Vallabhabhai Patel International airport, Ahmedabad, gold jewellery continues to be the ace revenue earner amongst other items which attract import duty, reports say.

In 2014-15, apart from gold jewellery, other items which made up over 70 per cent of Rs 7.08 crore revenues / duty collected include petroleum duty, liquor, electronic goods, silver jewellery and cigarettes.

The rise in collections over the years is important as the Indian government had laid many restrictive laws on gold import in June 2013. Also, duty on gold is 10 percent when the traveller is returning from abroad after six months else it is 36 percent if the retrun is before six months. Also, a woman is permitted to bring in gold jewellery worth Rs 1 lakh while a male passenger can bring gold up to Rs 50,000, reports add. All this along with the lower prices of gold outside India are prompting more purchase abroad, reports add.



be761 facebookrnd Gold jewellery amongst top in customs revenue chart of items


be761 twitterrnd Gold jewellery amongst top in customs revenue chart of items


9b817 linkedin Gold jewellery amongst top in customs revenue chart of items


9b817 rssrnd Gold jewellery amongst top in customs revenue chart of items


9b817 emailrnd Gold jewellery amongst top in customs revenue chart of items


9b817 printrnd Gold jewellery amongst top in customs revenue chart of items



4aca5 pinterest Gold jewellery amongst top in customs revenue chart of items


4aca5 googleplus Gold jewellery amongst top in customs revenue chart of items









4aca5 rss icon Gold jewellery amongst top in customs revenue chart of items

4ec50 emailcms Gold jewellery amongst top in customs revenue chart of items
4ec50 print2 Gold jewellery amongst top in customs revenue chart of items


4aca5 rss icon Gold jewellery amongst top in customs revenue chart of items

4ec50 emailcms Gold jewellery amongst top in customs revenue chart of items
4ec50 print2 Gold jewellery amongst top in customs revenue chart of items

ba309 closepopup Gold jewellery amongst top in customs revenue chart of items

ba309 logo320 Gold jewellery amongst top in customs revenue chart of items

ba309 closebuttonsmall Gold jewellery amongst top in customs revenue chart of items

Comments are closed.