Indian Gold Control Act (1968)
GPTKB entity
Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Indian legislation
|
| gptkbp:affects |
general public
goldsmiths jewellers |
| gptkbp:allows |
gold jewellery ownership up to a certain limit
|
| gptkbp:dateEnacted |
1968
|
| gptkbp:enactedBy |
gptkb:Government_of_India
|
| gptkbp:enforcedBy |
gptkb:Customs_and_Excise_Department
|
| https://www.w3.org/2000/01/rdf-schema#label |
Indian Gold Control Act (1968)
|
| gptkbp:impact |
decline in traditional goldsmith trade
growth of black market in gold |
| gptkbp:penalty |
imprisonment and fines
|
| gptkbp:prohibits |
ownership of gold
possession of gold private ownership of gold bars and coins trading of gold |
| gptkbp:purpose |
to control the production, distribution, use, and possession of gold in India
|
| gptkbp:relatedTo |
Gold (Control) Repeal Act, 1990
|
| gptkbp:repealedBy |
1990
Gold (Control) Repeal Act, 1990 |
| gptkbp:requires |
gold owners to declare holdings
|
| gptkbp:bfsParent |
gptkb:Indian_Gold
|
| gptkbp:bfsLayer |
7
|