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After the Indian government increased the import duty on gold to 15%, the Directorate General of Foreign Trade has implemented stricter regulations for duty-free gold imports, including limits on the amount allowed per license and mandatory inspections for new applicants to ensure compliance with export obligations, in an effort to control gold imports and mitigate the impact on the country’s trade deficit. #GoldImport #EconomicPolicy #ForeignTrade #IN #RU #UA #IR

Following the Indian government's increase in import duties on gold, new, stricter regulations for 'duty-free gold' imports have been implemented, including limits on the quantity allowed per license, mandatory inspections for new applicants, and periodic reporting requirements for exporters to enhance oversight and address rising concerns over the impact of gold imports on the trade deficit. #GoldImport #TradeRegulations #ForeignTrade #IN #RU #UA #IR