Hello @mjkadir ,
If you sell this imported gold, it will be considered as a sale of capital asset. Any profit or loss generated on this transaction will be taxed as per the capital gains tax rules.
The tax rate will be decided base on the holding period, which is 24 months in case of physical gold.
So, if you are selling it after 10 years, it will be taxed as LTCG taxed at the rate of 12.5%. All the long term capital assets sold from 23rd July 2025, will be taxed at 12.5% without indexation (except real estate)
You can refer these ammendments here.