N 44/2018
In force — no superseding record on file.
[To be published in the Gazette of India Extraordinary Part-II, Section -3, Sub- Section (ii)]
Government of India
Ministry of Commerce & Industry Directorate General of Foreign Trade Policy 4 Section, Room No 210 Udyog Bhavan Notification No.4 /2015-2020 New Delhi dated iS -2) November, 2018
Subject: Amendment in Para 4.32(i) of Chapter 4 of the Foreign Trade Policy 2015-20.
S.O.(E): In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby makes following amendment in Para 4.32(i) of Chapter 4 of Foreign Trade Policy 2015-20.
2. Existing Para 4.32(i) of FTP 2015-20:-
“Gold jewellery, including partly processed jewellery and articles including medallions and coins (excluding legal tender coins), whether plain or studded, containing gold of 8 carats and above up to maximum limit of 22 carats.
The Findings like posts, push backs, locks which help in collating the jewellery pieces together, containing gold of 3 carats and above up to a maximum limit of 22 carats.”
The amended Para 4.32 (i) of FTP 2015-20:-
“Gold jewellery, including partly processed jewellery and articles including medallions and coins (excluding legal tender coins), whether plain or studded, containing gold of 8 carats and above up to maximum limit of 22 carats.
Gold religious idols (only gods and goddess) of 8 carats and above (upto 24 carats) subject to the following conditions:
- Exports would be subject to 100% examination by the Approved Government Valuer. li) Foreign remittance has to be realised within a period of 3 months from the date of export. iii) Exporters must submit confirmed export order before effecting export. iv) Distinction must be made betweena religious idol and simply moulded gold article/ idol. v) Exports may be allowed only by actual manufacturers of such idols.
The Findings like posts, push backs, locks which help in collating the jewellery pieces together, containing gold of 3 carats and above up to a maximum limit of 22 carats.”
- Effect of this Notification: Para 4.32(i) of Chapter 4 of the Foreign Trade Policy 2015-20 is amended to allow export of Gold idols (only gods and goddess) of 8 carats and above (upto 24 carats) from domestic tariffarea. i. urvedi|
i. urvedi| Director Gener. oreign Trade & Ex-officio Additional Secr, to Government of India Email: dgft@nic.in
(Issued from File No.01/94/180/236/AM19/PC-4)
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