TaxTMI 
TaxTMI 
Amendment in Import Policy and Policy Conditions of specific ITC (HS) codes under Chapter 71 of Schedule -I(Import Policy) of ITC (HS) 2022 in sync with the Finance Act 2025
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....Notification No. 08/2025-26 New Delhi, Dated: 19 May, 2025 Subject: Amendment in Import Policy and Policy Conditions of specific ITC (HS) codes under Chapter 71 of Schedule -I(Import Policy) of ITC (HS) 2022 in sync with the Finance Act 2025 -reg. S.O. 2237 (E) - In exercise of powers conferred by Section 3 read with Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with par....
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....taining 99.9 per cent. or more by weight of silver Restricted Import is allowed only through nominated agencies as notified by RBI (in case of banks), DGFT (for other agencies) and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX). 710692 Other : -- Semi-manufactured 71069220 Bar Deleted 71069221 Bar: Containin....
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....Q and can obtain physical delivery of the same through IFSCA registered vaults located in SEZs as per the guidelines prescribed by the IFSCA. 71081290 ---Other Restricted 1. Import is allowed through: (i) Nominated agencies as notified by RBI (in case of banks) or nominated agencies notified DGFT (for other agencies) (ii) Qualified Jewellers (as notified by IFSCA) through India Interna....
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....ied by RBI (in case of banks) and DGFT (for other agencies) 7110 Platinum, unwrought or in semi manufactured forms, or in powder form. 711011 Platinum: -- Unwrought or in powder form 71101110 --- Unwrought form Deleted 71101111 --- Unwrought form --- Containing 99.0 per cent or more by weight of platinum Free - 71101119 --- Unwrought form: --- Other Restricted ....