Govt imposes import curbs on silver

Within days of levying precocious customs duties connected precious metals, the authorities connected Saturday (May 16, 2026) imposed import curbs connected silver.

The government, connected May 13, hiked import work connected precious metals from 6% to 15%.

The import argumentation for silver, including metallic played with golden and platinum, "are revised from escaped to restricted...with contiguous effect," the Directorate General of Foreign Trade said successful a notification.

Goods nether restricted class needs authorities licence for imports.