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<h1>Import monitoring of precious metals: designated agencies must hold RA certificates and submit prescribed returns for regulatory oversight.</h1> Designated entities under paragraph 4A.4 of the Foreign Trade Policy must obtain a one year import Certificate from the Regional Authority upon producing a valid Status Certificate; renewal depends on Status Certificate validity, agency performance and prescribed returns. Nominated agencies (other than designated banks) must maintain records of imports by quantity and value and submit half yearly returns (Premier/Star houses to RAs; others to G&J EPC). G&J EPC and RAs compile and forward returns to DGFT for annual review and possible delisting for non filing. Imports remain subject to FTP, RBI guidelines and Customs procedures.
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