Amendment in import policy condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy) - 19/2026-27 - Foreign Trade Policy
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Import policy restrictions on silver imports require nominated agencies and DGFT authorisation for specified HS codes. Import policy conditions for specified silver-related ITC HS codes under Chapter 71 are amended with immediate effect. Imports of silver powder, unwrought silver grains, silver containing 99.9 per cent or more by weight, and other specified silver items are restricted to nominated agencies notified by the Reserve Bank of India for banks and by the Directorate General of Foreign Trade for other agencies, against a valid Import Authorisation issued by the DGFT. Where permitted, qualified jewellers notified by the IFSCA may import through India International Bullion Exchange, and silver dore may be imported by refineries against a licence with AU condition.
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 restrictions on silver imports require nominated agencies and DGFT authorisation for specified HS codes.
Import policy conditions for specified silver-related ITC HS codes under Chapter 71 are amended with immediate effect. Imports of silver powder, unwrought silver grains, silver containing 99.9 per cent or more by weight, and other specified silver items are restricted to nominated agencies notified by the Reserve Bank of India for banks and by the Directorate General of Foreign Trade for other agencies, against a valid Import Authorisation issued by the DGFT. Where permitted, qualified jewellers notified by the IFSCA may import through India International Bullion Exchange, and silver dore may be imported by refineries against a licence with AU condition.
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