TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Amends Silver Import Policy: Semi-Manufactured Silver Now 'Free' for Industries and Research Institutions Under ITC (HS) 2022.</h1> Notification No. 57/2023, issued by India's Directorate General of Foreign Trade on January 15, 2024, amends the import policy for silver under Chapter 71 of Schedule-I (Import Policy) of ITC (HS) 2022. The policy now categorizes the import of semi-manufactured silver for industries like electrical, electronics, glass, and solar as 'Free' under the 'Actual User' basis, reducing costs and increasing material availability. The amendment also allows government-recognized research institutions to import for R&D purposes. Additionally, qualified jewellers can now import silver through the India International Bullion Exchange, potentially enhancing the jewelry sector's competitiveness and efficiency.
TaxTMI 
