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Indian Government Cuts Drawback Rates on Gold and Silver Jewellery Exports
The Indian government has officially reduced the drawback rates on exports of gold and silver jewelry. This policy change is expected to impact the profitability of major jewelry exporters by decreasing the incentives available for exporting these products.
The Indian government has officially reduced the drawback rates on exports of gold and silver jewellery. This policy change is expected to impact the profitability of major jewellery exporters by decreasing the incentives available for exporting these products. The reduction in drawback rates aligns with the government’s broader strategy to recalibrate export policies in response to global market conditions
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