![](https://www.financialexpress.com/wp-content/uploads/2024/07/Gold-Reuters-edited.jpg)
Import duty cut on gold to help check smuggling, say jewellery firms
The import duty cut on gold from 15% to 6% announced in the Budget is expected to curb smuggling activities, jewellery companies such as Titan, Kalyan, Malabar Gold, De Beers and PNG Jewellers said. “High import duty often leads to increased smuggling of …