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DRI and customs tighten surveillance as India hikes gold import duty to 15%

Economy
Published on 13 May 2026
DRI and customs tighten surveillance as India hikes gold import duty to 15%

Foreign syndicates and carrier networks are next

Revenue intelligence and customs officials plan to intensify checks at airports, seaports and land borders after India raised import duty on gold and silver to 15%. The crackdown targets smuggling routes, carrier networks and foreign syndicates, aiming to prevent a resurgence of illegal gold trade sparked by the tariff hike.

  • Surveillance will increase across airports seaports and land borders
  • Import duty on gold and silver is now 15%
  • Authorities will monitor routes carrier networks and foreign syndicates
  • Goal is to stop a revival of illegal gold trade post hike
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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