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India curbs import of platinum jewellery
Mint Kolkata
|November 18, 2025
The Union government on Monday restricted import of unstudded articles of platinum jewellery until 30 April 2026, following the misuse of the zero percent import duty clause.
Until now, such articles, with 90% gold content, could be freely imported and some traders were importing these at zero duty from Indonesia under the India-Asean free trade agreement and converting them into gold bars, evading the 6% duty on gold imports, according to Surendra Mehta, n
This story is from the November 18, 2025 edition of Mint Kolkata.
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