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Customs Duty

The Centre has tightened rules for duty-free gold imports under the advance-authorisation scheme, capping imports at 100 kg per licence and increasing compliance checks.

The government has raised customs duties on gold and silver imports to 15 per cent and increased platinum import duty to 15.4 per cent to reduce pressure on foreign exchange reserves.

Union Budget 2026 recalibrates taxes and duties, lowering costs for travel, imports, and industry while raising levies elsewhere.

Central government has exempted customs duty on three critical cancer drugs, providing relief to countless cancer patients across the country.