DGFT amends Import Policy Condition of Silver
DGFT amends the current Import Policy Condition of silver under the HS Code 71069110 and 71069290. The amendment is the addition of Qualified Jewellers notified by the IFSCA for import through India International Bullion Exchange.
|
ITC (HS) Code |
Item Description |
Policy |
Existing Policy Condition |
Revised Policy Condition |
|
71069110 |
Grains |
Restricted |
Import is only allowed only through nominated agencies as notified by the RBI (in case of Banks) and DGFT (for other agencies). Silver dore can be imported by the refineries against a license with AU condition |
Import is only allowed only through nominated agencies as notified by the 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). Silver dore can be imported by the refineries against a license with AU condition |
|
71069290 |
Others |
Restricted |
Import is only allowed only through nominated agencies as notified by the RBI (in case of Banks) and DGFT (for other agencies). |
Import is only allowed only through nominated agencies as notified by the 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).
|
DGFT
Legal
Company Secretarial
DGFT Notifications
Others
Recent Posts
- The “Free” import policy of Urad – Extended
- Government Extends Import Policy for Yellow Peas Until May 31, 2025.
- Certificate of Inspection for Rice exports is limited to EU member states, UK, Iceland, Liechtenstein, Norway and Switzerland
- Amendment in Export Policy for Broken Rice under HS Code 1006 40 00
- Incentive for Early EEO Fulfillment Under the EPCG Scheme Licence
- Boosting Green Exports with the EPCG Scheme Licence
- The Uncertainty Around EPR Registration for Plastic Waste: Will Environmental Compensation Be Waived Off?
- CPCB’s Latest Directive: A New Era to EPR Registration for Plastic Waste
FeATURED ARTICLES
The “Free” import policy of Urad – Extended The Central Government amends the Import Policy Condition of Urad amending the…
Government Extends Import Policy for Yellow Peas Until May 31, 2025. In a recent move, the Indian government has extended…
Certificate of Inspection for Rice exports is limited to EU member states, UK, Iceland, Liechtenstein, Norway and Switzerland The Central…
Amendment in Export Policy for Broken Rice under HS Code 1006 40 00 Central Government makes amendment in Export Policy…
