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New Delhi, Sep 24 (PTI) The government on Wednesday imposed import restrictions on certain silver jewellery till March 31 next year, according to a notification.
The move was aimed at curbing imports of silver in the name of unstudied jewellery from Thailand. India has a free trade agreement with Asean (Association of SouthEast Asian nations). Thailand is a member of this-10 nation group.
"Import policy has been amended from free to restricted with immediate effect till March 31, 2026," the Directorate General of Foreign Trade (DGFT) said in a notification.
Goods under the restriction category need a licence from the government. PTI RR TRB TRB
Import restrictions on silver jewellery require government licences and convert prior free trade treatment to restricted import status. The government changed the import classification of specified silver jewellery from free to restricted until March 31 next year, requiring government licences for affected imports. The notification aims to curb imports described as unstudied jewellery from partners under a free trade arrangement and directs customs and trade authorities to enforce licensing and import controls under the amended policy.Press 'Enter' after typing page number.