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Import policy amended to restrict alloys with over 1% gold under Chapter 71 of ITC (HS) 2022

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....The import policy under Chapter 71 of ITC (HS) 2022 has been amended to extend the restriction on alloys containing more than 1% gold by weight. Previously, only iridium alloys with gold content exceeding 1% were restricted; the amendment now includes osmium and ruthenium alloys with similar gold content restrictions. This modification supersedes the earlier CBIC Instruction No. 17/2025-Cus. and is effective immediately. Customs authorities are directed to enforce the revised policy and ensure compliance. Any implementation difficulties should be reported to the Board.....