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The government decision to increase the drawback rate on select gold and silver article will help moderate the impact of the proposed US tariff and sliding global demand for jewellery. The Customs has notified that gold jewellery drawback rate has been increased to ₹405.40 per gram from ₹335.50 of net gold content. For silver jewellery and related articles the rate has gone up to ₹4950.03 per kilogram from ₹4468.10 of net silver content.
What could this mean for Indian Gold exports ? Watch this video to know more.
Published on April 24, 2025
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