601 kg of gold worth 10.25 billion rupees imported in three months

According to the Customs Department, 601 kg of gold worth Rs 10.25 billion 3.2 million has been imported. According to the department, the government has collected Rs 1.25 billion 5.3 million in revenue from this.

kartik 9, 2082

Kantipur Reporter

601 kg of gold worth 10.25 billion rupees imported in three months

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Recently, businessmen are being attracted to gold, which is considered safe for investment. For this reason, gold imports have increased in Nepal as well. According to the Customs Department, 600 kg of gold was imported in the same period of the current fiscal year, while 100 kg of gold was imported in the last three months of the fiscal year.

According to the department, 601 kg of gold worth Rs 10.25 billion 32 lakh has been imported. The department's data shows that the government has collected Rs 1.25 billion 53 lakh in revenue from this.

In the first three months of the last fiscal year, 100 kg of gold worth Rs 1.43 billion was imported. Commercial banks import raw gold, while businessmen buy the gold and sell it as jewelry. In Asoj, the Nepal Rastra Bank had increased the gold import quota by 5 kg per day. 'The daily quantity of gold that can be imported has been increased from 20 kg to 25 kg,' the Nepal Rastra Bank said.

In the first three months of the current fiscal year, gold jewelry worth Rs 7.15 billion was imported. According to the department, gold jewelry worth Rs 147.3 million was imported in the first three months of the last fiscal year.

In the first three months of the current fiscal year, 1,000 kg of silver worth Rs 201.3 million has been imported. Similarly, 8,130 kg of silver dust worth Rs 1.61 billion has been imported. In the first three months of the previous year, 5,465 kg of silver dust worth Rs 731.6 million was imported.

Kantipur

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