WITH GOLD IMPORTS reaching an all-time high of $14.86 billion in November, the commerce ministry is examining the data; if there is any error in the compilation, an official said on Wednesday.
The jump in gold imports pushed the country's trade deficit (difference between imports and exports) to a record $37.84 billion in November.
"On noticing unusual surge, DGCIS (Directorate General of Commercial Intelligence and Statistics) has taken up detailed examination of the gold import data and reconciliation would be done with the data received by CBIC (Central Board of Indirect Taxes and Customs),"" the official said.
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