The GST Council is likely to consider ending the IGST exemption on gold, silver and platinum imports by banks and nominated agencies. The proposed change would align their tax treatment with bullion exchanges as the government seeks to curb precious metal imports.

The GST Council is likely to consider ending the IGST exemption on gold, silver and platinum imports by banks and nominated agencies. The proposed change would align their tax treatment with bullion exchanges as the government seeks to curb precious metal imports.