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Duty hike to 15% widens UAE-CEPA arbitrage; Dubai gold route set to swell

Our read

Evaluate UAE-based refining or sourcing JV partners now to lock in CEPA quota access before peers crowd the 200-tonne ceiling by 2027.

The report

India's gold import duty hike from 6% to 15% widens the tariff gap with UAE CEPA route (14%), likely boosting Dubai-routed gold and silver inflows, materially affecting jewellery retailers' sourcing economics and arbitrage dynamics.

Reported figures

From the report. Source details below

120 tonnes quota rising to 200 tonnes by 2027
silver duty 7% vs 15% MFN

Also in the report

  • $72 billion gold imports FY25-26

Other figures

  • effective duty 18.45%
  • silver imports +150% YoY

The source

Source Read the source at The Hindu BusinessLine

Filed

First seen