Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
The GoI's DGFT issued Notification No. 08/2025-26 amending import policies for precious metals under Chapter 71 of ITC (HS) 2022, aligned with Finance Act 2025. The amendments modify import regulations for silver, gold, and platinum, introducing restricted import status for specific high-purity metal categories. Imports are now permitted exclusively through RBI-nominated agencies, DGFT-notified entities, and qualified jewellers via India International Bullion Exchange (IIBX), with additional provisions for India-UAE Trade Quota (TRQ) holders. The changes take immediate effect, streamlining and controlling precious metal import mechanisms through regulated channels.
The GoI's DGFT issued Notification No. 08/2025-26 amending import policies for precious metals under Chapter 71 of ITC (HS) 2022, aligned with Finance Act 2025. The amendments modify import regulations for silver, gold, and platinum, introducing restricted import status for specific high-purity metal categories. Imports are now permitted exclusively through RBI-nominated agencies, DGFT-notified entities, and qualified jewellers via India International Bullion Exchange (IIBX), with additional provisions for India-UAE Trade Quota (TRQ) holders. The changes take immediate effect, streamlining and controlling precious metal import mechanisms through regulated channels.
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