Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The DGFT issued Public Notice No. 01/2025-26 amending Appendix 4B of the Handbook of Procedures, 2023, updating the list of banks authorized by RBI to import gold and silver for FY 2025-26. The notice delineates two categories: 13 banks authorized to import both gold and silver, and 2 banks authorized to import only gold, effective from 01.04.2025 to 31.03.2026. The amendment modifies the existing regulatory framework governing precious metal imports, providing a comprehensive and updated roster of authorized financial institutions for such transactions under the Foreign Trade Policy.
The DGFT issued Public Notice No. 01/2025-26 amending Appendix 4B of the Handbook of Procedures, 2023, updating the list of banks authorized by RBI to import gold and silver for FY 2025-26. The notice delineates two categories: 13 banks authorized to import both gold and silver, and 2 banks authorized to import only gold, effective from 01.04.2025 to 31.03.2026. The amendment modifies the existing regulatory framework governing precious metal imports, providing a comprehensive and updated roster of authorized financial institutions for such transactions under the Foreign Trade Policy.
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