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Tuesday, March 16, 2010 - 05.55 GMT

Removal of taxes on Gold Imports

 
With effect from 1 March 2010, all taxes and other levies applicable on gold imports have been removed, stated the Central Bank.

This will reduce the gold prices in the market and contribute to promote gold and jewellery industry in the country.

Accordingly, commercial banks and other authorized persons can now increase their gold imports to meet the industry requirements.


 
 
   
   
   
   
   

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Last modified: March 17, 2010.

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