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Error in gold imports data is because of double calculation, govt clarifies

The New Indian Express Tirunelveli

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January 10, 2025

A day after 'quietly' revising the gold import data for November, the ministry of commerce has come up with an explanation for the change in the data.

- ENS ECONOMIC BUREAU @ New Delhi

The ministry has said that the discrepancy in the numbers was primarily due to migration of data transmission mechanism from SEZ to Indian Customs Electronic Gateway (ICEGATE).

"...it was noticed as the system was calculating both imports into SEZ and subsequent clearance into Domestic Tariff Area (DTA) as separate transactions after the migration," a statement from the commerce ministry explained.

The New Indian Express Tirunelveli

यह कहानी The New Indian Express Tirunelveli के January 10, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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