Duty Drawback rates

Surat: India’s plain gold jewellery exports witnessed a sharp downturn in the first two months of FY27, declining 40.1% year-on-year to US$ 635.95 million during April-May 2026, as soaring gold prices, restricted raw material availability and policy-related bottlenecks weighed heavily on export production.The steep fall from US$ 1.06 billion in the corresponding period last year…