Silver

New Delhi (Rajeev Sharma): In a major policy move, the Centre has revised customs duties on imported precious metals, raising the effective levy on gold and silver to 15 per cent with immediate effect. The decision, announced through a notification by the Finance Ministry, introduces a 10 per cent basic customs duty along with a 5 per cent Agriculture Infrastructure and Development Cess, significantly increasing the cost of bringing precious metals into the country. The revised duty structure, effective from May 13, covers imports of gold, silver, platinum and various industrial products connected to the jewellery sector. Officials indicated that…