https://www.taxtmi.com/highlights?id=89592 The DGFT issued Notification No. 18/2025-26 under the Foreign Trade (Development & Regulation) Act, 1992, amending import policy conditions for precious metals under Chapter 71 of ITC (HS) 2022. The notification maintains "Free" import policy for palladium, rhodium, and iridium across six specific HS codes (71102100, 71102900, 71103100, 71103900, 71104100, 71104900) covering both unwrought/powder forms and other forms. However, new restrictions were imposed on alloys of these metals containing gold content exceeding one percent by weight, which are now classified as "Restricted" imports. The amendment took immediate effect from June 17, 2025, requiring importers to comply with additional regulatory requirements for gold-containing alloys while maintaining liberalized import regime for pure forms of these precious metals. en-us Thu, 19 Jun 2025 18:45:44 +0530 Thu, 19 Jun 2025 18:45:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=89592 The DGFT issued Notification No. 18/2025-26 under the Foreign Trade (Development & Regulation) Act, 1992, amending import policy conditions for precious metals under Chapter 71 of ITC (HS) 2022. The notification maintains "Free" import policy for palladium, rhodium, and iridium across six specific HS codes (71102100, 71102900, 71103100, 71103900, 71104100, 71104900) covering both unwrought/powder forms and other forms. However, new restrictions were imposed on alloys of these metals containing gold content exceeding one percent by weight, which are now classified as "Restricted" imports. The amendment took immediate effect from June 17, 2025, requiring importers to comply with additional regulatory requirements for gold-containing alloys while maintaining liberalized import regime for pure forms of these precious metals. Highlights DGFT Thu, 19 Jun 2025 18:45:44 +0530 https://www.taxtmi.com/highlights?id=89592