Finance Ministry Revises Duty Drawback Rates Upward for Gold and Silver Articles [Read Notification]

The Ministry of Finance, via Notification, has increased duty drawback rates on gold and silver articles to provide partial relief to jewellery exporters
Finance Ministry Revises Duty - Gold and Silver - Jewellery Export - taxscan

The Ministry of Finance issued Notification No. 26/2025 – Customs (N.T.) dated April 17, 2025, announcing revised duty drawback rates for select gold and silver articles under Chapter 71 of the Customs Tariff. The move comes as a partial reversal of earlier reductions, aimed at offering support to jewellery exporters amid rising global bullion costs….

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