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RBI - Overhauls - Gold - Metal - Loan - Gold - Repayment - taxscan

RBI Overhauls Gold Metal Loan (GML) Framework: Dual Categories, Gold Repayment Flexibility for Jewellers & MMTC

Avinash Kurungot

The Reserve Bank of India (RBI) has issued a comprehensive set of amendments to modernise the Gold Metal Loan (GML) regime, consolidating prior...

Customs Seizes 58-Gram Gold Chain: Delhi HC Orders Personal Hearing, Invalidates Personal Hearing...

FinMin Hikes Gold & Silver Customs Tariff Values, Cuts Edible Oil Rates in New Notification [Read...

Beyond Gold: The Metals Poised to Be Tomorrow's Investment Champions

CBIC Notifies Tariff Values of Gold, Silver, Palm Oils, Brass Scrap and Areca Nuts: No Changes in...

Finance Ministry Revises Customs Tariff Values for Palm Oil, Soybean Oil, Gold, Silver, and Areca Nuts [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance issued Notification No. 50/2025-Customs (N.T.) dated August 14, 2025, revising the tariff values for imported...

Is Gold Still the ‘Golden’ Investment? Insights into Returns, Risks, and Real Value

Gold remains a reliable hedge and diversification tool in 2025, but its long-term value lies more in wealth preservation than high growth returns. Gold has always held a special place in Indian ...

Customs Fails to Issue SCN in a Year: Delhi HC Orders Release of Two Gold Chains Belonging to Uzbek National [Read Order]

In a recent decision, the Delhi High Court directed the Customs Department to release two gold chains belonging to an Uzbek national after finding that the department had not issued a show cause...

Customs Cannot Detain Gold Without Issuing SCN: Delhi HC Orders Release of 3 Gold Bars Detained from Saudi Resident in 2021 Subject to Duty Payment [Read Order]

In a recent ruling, the Delhi High Court has held that Customs Authorities cannot detain goods without issuing a Show Cause Notice ( SCN ), and ordered the release of three gold bars seized from a...

Delhi HC Allows Release of Seized Gold Items After Traveller Agrees to Pay Fine and Customs Duty [Read Order]

The Delhi High Court has directed the Customs Department to release two seized gold ornaments after the petitioner agreed to pay the customs duty, penalty, and redemption fine as determined by the ...

Gold and Silver Can Be Used as Voluntary Collateral for Agri and MSME Loans: RBI [Read Notification]

The Reserve Bank of India (RBI) issued Notification No. RBI/2025-2026/66, dated July 11, 2025, to clarify the rules for using gold and silver as collateral for loans in the agriculture and Micro,...

Finance Ministry Updates Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, has issued Notification No. 44/2025-Customs (N.T.), dated June 30, 2025, updating the customs tariff value...