Parliament Question: Revenue Collected on Gold, Silver and Precious Metal

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO. 3472 TO BE ANSWERED ON MONDAY, AUGUST 10, 2026/SHRAVANA 19, 1948 (SAKA) Revenue Collected on Gold, Silver and Precious Metal

3472. Smt. Mala Roy:

Will the Minister of FINANCE be pleased to state:

(a) the total revenue collected by the Government since the imposition of higher import duty on Gold, Silver and precious metals;

(b) the quantum of Gold seizure brought illegally since the higher duties were imposed, month-wise; and

(c) whether the Governmnet has any estimate of Gold lying idle with households in the country and if so, the details thereof? ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

(a): The effective customs duty on gold, silver and precious metal was increased with effect from 13th May, 2026. Total revenue collected by government on imports of gold, silver and precious metals from 13th May 2026 to 02nd August, 2026 is as under:

Chapter Description Total duty in Rs. Cr.

Heading (P*) 328 7106 Silver (including silver plated with gold or platinum), unwrought or in semi- manufactured forms, or in powder form 10,040 7108 Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form 95 7110 Platinum, unwrought or in semi-manufactured form, or in powder form *P: Provisional

(b): The data on quantum of gold seizure since 13th May, 2026 till 30th June, 2026 is as

under:

FY 2026-27 No. of cases Quantity of gold No. of persons arrested seized (in kg)

13.05.2026 to 287 160.91 116

30.06.2026

(c): No such data is being maintained on the estimates of gold lying idle with households in the country. *****