Global Trade Alert
Global Trade Alert

India: Import tariff increases on gold and silver products

Announcement

12 May 2026

In May 2026, the Government of India announced increases to the customs duties on imports of gold and silver dore bars, various other precious metal products, and coins.

Source

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

13 May 2026

Revocation date:

No revocation date

Announced: 12 May 2026
Import tariff In force

Recent update from 15 May 2026:

On 12 May 2026, the Ministry of Finance of India, via Notification No. 15/2026-Customs, increased the customs duties on various precious metal products from 5% to 10%. The affected goods include go...

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Announced: 12 May 2026
Import tariff In force

Recent update from 15 May 2026:

On 12 May 2026, the Ministry of Finance of India, via Notification No. 15/2026-Customs, increased the customs duty on imports of gold and silver dore bars from 5% to 10%. The measure applies to dor...

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Implementation date

13 May 2026

Revocation date:

No revocation date

Announced: 12 May 2026
Tax or social insurance relief In force

Recent update from 15 May 2026:

On 12 May 2026, the Ministry of Finance of India, Notification No. 15/2026-Customs, increased the customs duty on imports of gold and silver dore bars to manufacture refined gold and silver bars of...

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