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    <title>Amendment in Import Policy and Policy conditions of items covered under Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy)</title>
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    <description>Import policy under Chapter 71 of ITC (HS) 2022 is amended with immediate effect to revise the status and conditions for specified precious metal and precious metal-clad goods. New Policy Condition No. 7 exempts imports by 100% Export Oriented Units, SEZ units, and certain gems and jewellery export schemes, subject to domestic tariff area restrictions and product-specific limits for certain platinum and precious metal alloys. The amended restrictions apply notwithstanding paragraph 1.05(b) of FTP 2023, and transitional arrangements are unavailable.</description>
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      <description>Import policy under Chapter 71 of ITC (HS) 2022 is amended with immediate effect to revise the status and conditions for specified precious metal and precious metal-clad goods. New Policy Condition No. 7 exempts imports by 100% Export Oriented Units, SEZ units, and certain gems and jewellery export schemes, subject to domestic tariff area restrictions and product-specific limits for certain platinum and precious metal alloys. The amended restrictions apply notwithstanding paragraph 1.05(b) of FTP 2023, and transitional arrangements are unavailable.</description>
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