Govt raises duty drawback rates on gold, silver jewellery
This story was originally published at 16:51 IST on 25 April 2026
Register to read our real-time news.Informist, Saturday, Apr. 25, 2026
NEW DELHI – The government Friday increased the duty drawback rates on select gold and silver jewellery to provide partial relief to jewellery exporters amid rising bullion prices. The duty drawback rate on gold jewellery has been increased to INR 773.17 per gram of net gold content from INR 639.59 per gram, according to a finance ministry notification.
The rate on articles of silver jewellery has been raised to INR 14,990.66 per kg of net silver content from INR 9,089.33 per kg. This rate will also be applicable for silver items, other than jewellery.
Ministry of Finance reviews duty drawback rates for gold and silver jewellery or articles every quarter. Duty Drawback is a World Trade Organization vetted scheme administered by the Central Board of Indirect Taxes and Customs to promote exports. It rebates the incidence of customs and excise duties, chargeable on imported and excisable materials respectively, when used as inputs for goods to be exported. The hike in the duty may aid exporters to see improved refund inflows, revise export prices, and renegotiate contracts. End
Reported by Afra Abubacker
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
