How to think about landed gold cost
Gold imported into India is affected by more than the international dollar price. A practical landed-cost view starts with USD gold, converts it using USD/INR, and then considers customs duty, AIDC, GST, logistics, refining, and dealer premiums.
Current 2026 market reporting says effective import duty on gold and silver returned to about 15% from May 13, 2026. This page keeps the calculation educational and tells readers to verify the latest official CBIC notification before using duty assumptions.
Simple educational formula
India reference uses public India rate sources when available. Landed context then considers applicable duty, GST, logistics, and local premium. The actual invoice price can differ.
Sources to verify: CBIC customs notifications, GST rules, and exchange/dealer settlement references.