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Procedure: How to Sell Gold ETF
February 06 , 2013
  1. Gold ETFs can be redeemed for physical gold if you have accumulated a sizeable chunk, which is at least 1 kilogram! If lesser than that the units can be redeemed for rupees.
  2. Indicate the number of units you want to sell at the quoted price. The trade will be effected on the third day.
  3. Gold ETFs are treated as non-equity products. If you are selling units before one year of buying them your returns will attract tax at your marginal tax slab. After completion of one year they are taxed at 10% without indexation or 20% with indexation.

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