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Gold Pendants Import Under Exim Code 711319 Remains 'Free,' Not 'Restricted'-No Confiscation Allowed.
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....Classification of imported goods - consignment of gold pendants weighing 5 kgs - Since, the goods imported by the petitioner are classifiable under Exim code 711319, the amendment made to the policy condition from ‘free’ to ‘restricted’ would not be applicable. If the import of goods is not ‘restricted’ and is permitted as ‘free’, the subject import cannot be considered as ‘prohibited’ goods liable for confiscation. - HC....
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