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Sanjay Ahuja

2nd Feb · SEBI-Registered Analyst

BIG RELEIF FOR JEWELLERY STOCKS AS GOVT KEEPS IMPORT DUTY UNCHANGED

The Indian government's Budget 2026 has kept the customs duty rates for gold and silver imports unchanged. Importers will continue to pay the same duty rates as before although the bullion and jewelry sectors had urged the government to cut import duties. Currently, all forms of gold imports attract a 6% duty comprising a 5% basic customs duty (BCD) and 1% agriculture infrastructure and development cess (AIDC). This will benefit jewellery stocks like

TITAN
,
KALYANKJIL
,
PCJEWELLER
,
SENCO
, etc

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