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The Economic Times

Economy / The Economic Times

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Indian April gold imports fall to near 30-year low as tax demand hits shipments

Indias gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST demand by customs, industry and government sources said. Banks, which handle most gold imports, stopped clearing consignments due to the tax issue and delays in formal authorisation for bullion imports.

30 Apr 2026 6:06 pm