https://www.taxtmi.com/highlights?id=88564 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. en-us Tue, 20 May 2025 11:55:30 +0530 Tue, 20 May 2025 11:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88564 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. Highlights DGFT Tue, 20 May 2025 11:55:30 +0530 https://www.taxtmi.com/highlights?id=88564