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GST exemption for banks, nominated agencies for gold, silver imports may be withdrawn

The GST Council may end the IGST exemption on gold, silver and platinum imported by banks and nominated agencies, sources said. The exemption, introduced in 2017 when precious-metal imports were tightly regulated, could be withdrawn as the government seeks to…

By PTI· The Times of India· 1 day ago· 2 min read
GST exemption for banks, nominated agencies for gold, silver imports may be withdrawn

The GST Council may end the IGST exemption on gold, silver and platinum imported by banks and nominated agencies, sources said. The exemption, introduced in 2017 when precious-metal imports were tightly regulated, could be withdrawn as the government seeks to… For the full story, visit the source.

This summary is sourced from The Times of India. Read the full article at:The Times of India
#Banking#Banks#Gold Import#Gold Imports#Gst#Gst Council#India Economy#Precious Metals#Silver Import#Silver Imports