Amendment in import policy condition of Gold under HS Code 71081200 under Chapter 71 of Schedule -I (Import Policy) of ITC (HS) 2022 - 44/2023 - Foreign Trade Policy
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Import policy for gold now permits nominated agencies and qualified jewellers to import via IIBX with TRQ delivery. Importation of unwrought gold under HS code 71081200 is permitted through nominated agencies (RBI/DGFT) and Qualified Jewellers via IIBX; Gold Dore may be imported by refineries against an import licence with Actual User condition. Valid India-UAE TRQ holders notified by IFSCA can import through IIBX against their TRQ and obtain physical delivery into IFSCA-registered vaults in SEZs under IFSCA guidelines.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Import policy for gold now permits nominated agencies and qualified jewellers to import via IIBX with TRQ delivery.
Importation of unwrought gold under HS code 71081200 is permitted through nominated agencies (RBI/DGFT) and Qualified Jewellers via IIBX; Gold Dore may be imported by refineries against an import licence with Actual User condition. Valid India-UAE TRQ holders notified by IFSCA can import through IIBX against their TRQ and obtain physical delivery into IFSCA-registered vaults in SEZs under IFSCA guidelines.
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