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Will any reduction in Import duty for gold?

Updated: 06/Feb/2015 3:32:08 PM
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Will any reduction in Import duty for gold?
It is gathered that the central government may be planning to reduce the Import Duty on gold during the coming budget as it has already announced a reduction in customs duty.

News has been circulating that this will bring cheers to the gold importers and jewellery makers.

It is understood that the price of gold is slated to come down.