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The Economic Times

Economy / The Economic Times

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Government cuts duty drawback rates on gold, silver jewellery exports

The government has announced a reduction in duty drawback rates for gold and silver jewellery exports. The rates for gold jewellery have decreased by 3.1% while silver jewellery rates have been cut by about 9%. Earlier in July, the government had nearly doubled these rates to enhance exporter competitiveness. The latest adjustments reflect ongoing fluctuations in global input costs and market conditions.

15 Oct 2026 11:10 pm