Expect duty reduction and a comprehensive gold policy for exports and domestic trade in budget 2020, says Colin Shah of GJEPC
There are lot of budget expectations from the bullion industry as well. Last budget we saw gold, silver, platinum import duty increase from 10 percent to 12.5 percent even as the industry was making representations to cut it from 10 percent to around 6 percent or 4 percent on the lower side but the finance minister had other plans. To discuss this Manisha Gupta spoke to Colin Shah Vice Chairman at GJEPC.