Business Update13 May 2026, 10:52 am
Goldiam Intl: Customs Duty Hike on Gold Has No Impact
AI Summary
Goldiam International Ltd. has announced that the recent increase in Customs Duty on gold to 15% will not have any material impact on the company's operations, financial performance, or profitability. The company operates from the Special Economic Zone (SEZ)- SEEPZ and continues to avail the applicable customs duty exemptions/benefits available to SEEPZ units under the prevailing government policies and regulations.
Key Highlights
- Customs Duty on gold increased to 15% (10% BCD + 5% cess).
- Goldiam International operates from SEZ- SEEPZ.
- Company avails customs duty exemptions/benefits.
- No material impact expected on operations or profitability.
Price Impact
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