Budget 2026: Gold and Silver Import Duties Remain Unchanged

• Budget 2026 maintains existing customs duty rates for gold and silver bullions, ensuring no change for importers.
• Gold imports continue to attract a 6 percent duty, comprising 5 percent basic customs duty (BCD) and 1 percent agriculture infrastructure and development cess (AIDC).
• Silver imports are taxed at 6 percent for eligible Indian residents and 36 percent for others, including 1 percent AIDC.
• Both gold and silver are subject to a uniform 3 percent GST.
• Market experts clarified that the reduction in tariff rate for 'personal use' goods from 20 percent to 10 percent does not apply to gold and silver.

Why It Matters: Budget 2026 keeps gold and silver import duties stable, clarifying no impact from personal use tariff changes.