Govt allows free import of gold and silver Wednesday, January 28 2004 15:30 Hrs (IST)
New Delhi:
The Government today (Jan 28, 2004) allowed free import of gold and silver and brought import of capital goods under duty-free entitlement scheme.
The Centre has also accorded import benefits to Heritage I and Heritage II hotels and raised the ceiling of exports of gifts to Rs five lakhs a year.
Capital goods have been removed from Duty Entitlement Passbook Scheme (DEPB).
Imports of global positioning system receivers have also been allowed by the Government.
The Government has allowed free import of electrical energy.