Amendment in Import Policy of items covered under CTH 7113 under Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy)

To be published in the Gazette of India Extraordinary Part-II, Section-3, and Sub- Section (ii)

Subject: Amendment in Import Policy of items covered under CTH 7113 under Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy)-reg.

S.O. (E): In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2023, as amended from time to time, the Central Government hereby makes the following amendments under Chapter 71 of ITC (HS) 2022, Schedule —I (Import Policy) with immediate effect:

2: The Import Policy of the following ITC (HS) codes is amended as under:

|ITC(HS)||Item description|Existing||Revised||Existing Import/Revised Import||Existing Import/Revised Import|
|---|---|---|---|---|---|
|Code||Import|j|Import||Policy|Policy Condition|
|||Policy|Policy|Condition||
|7113|Articles ofjewellery|||||
||and parts thereof, of|||||
||precious metal orof|||||
||metal clad with|||||
||precious metal.|||||
|711311||-Ofprecious metal|||||
||Whetheror not plated|||||
||orclad with precious|||||
||metal: --Ofsilver,|||||
||whether or not plated|||||
||or clad with other|||||
||precious metal|||||
|71131110||-- Jewellery with|Free|Restricted|||
||filigree work|||||
|71131141|}--- Other Jewellery: --|Restricted||[Restricted|||
||--Unstudded|||||

|
||or clad with other|||||
||precious metal|||||
|71131110||-- Jewellery with|Free|Restricted|||
||filigree work|||||
|71131141|}--- Other Jewellery: --|Restricted||[Restricted|||
||--Unstudded|||||
||||||a=|

|71131142||-- Other Jewellery: ---|Free||-- Other Jewellery: ---|Free|Restricted||-||-|
|---|---|---|---|---|---|---|
||-Studded with pearls||||||
|71131143||--- Other Jewellery: --|Free||Restricted||||
||--Studded with||||||
||diamonds ofheading||||||
||7102||||||
|71131144||--- Other Jewellery: --|Restricted|||Restricted||||
||--Studded with||||||
||diamonds ofheading||||||
||7104||||||
|71131145||--- Other Jewellery: --|Restricted|||Restricted||||
||--Studded with other||||||
||precious and||||||
||semiprecious stones||||||
|71131149||--- Other Jewellery: --|Restricted|||Restricted||||
||--Other||||||
|CEM <br>711319|aaa <br>|- Ofprecious metal|RSS|||Trl||
||whether or not plated||||||
||or clad with precious||||||
||metal<br>: -- Ofother||||||
||precious metal,||||||
||whetherornot plated||||||
||orclad with precious||||||
||metals||||||
|71131911||--Ofgold: ----|Restricted||Restricted||However, import|However, import|||
||Unstudded|||under a valid||—_junder a valid|
|||||INDIA-UAE —|||INDIA-UAE|
|||||CEPATRQ shall|CEPATRQ shall|||
|||||be permitted||be permitted|
|||||freely without||—|without any|
|||||any import||import license.|
|||||license|||
|71131912||--- Ofgold: ----|Restricted||Restricted|However, import/However, import|||
||Studded with pearls|||undera valid||—_junder a valid|
|||||INDIA-UAE —|||INDIA-UAE|

t license.|
|||||license|||
|71131912||--- Ofgold: ----|Restricted||Restricted|However, import/However, import|||
||Studded with pearls|||undera valid||—_junder a valid|
|||||INDIA-UAE —|||INDIA-UAE|
|||||CEPATRQ shall|CEPATRQ shall|||
|||||be permitted||be permitted|
|||||without any||without any|
|||||import|license_|importlicense.||

|71131913||-- Ofgold: ----|Restricted||Restricted||However, import|/However, import||However, import|/However, import|
|---|---|---|---|---|---|
||Studded with|||under a valid|—_ undera valid|
||diamonds ofheading|||INDIA-UAE|— |INDIA-UAE|
||7102|||CEPATRQ shall|CEPATRQ shall||
|||||be permitted|be permitted|
|||||without any|without any|
|||||import license|_ |import license.|
|71131914||---Ofgold: ----|Restricted||Restricted||However, import|However, import||
||Studded with|||under a valid|—_junder a valid|
||diamonds ofheading|||INDIA-UAE|— |INDIA-UAE|
||7104|||CEPATRQ shall|CEPATRQ shall||
|||||be permitted|be permitted|
|||||without any|without any|
|||||import license|_ fimport license.|
|71131915||--- Ofgold :----|Restricted||Restricted||However, import|However, import||
||Studded with other|||undera valid|—_jundera valid|
||precious and semi-|||INDIA-UAE|— |INDIA-UAE|
||precious stones|||(CEPATRQ shall|CEPATRQ shall||
|||||be permitted|be permitted|
|||||without any|without any|
|‘scl <br>71131921|tt <br>|--- Ofplatinum :----|elcc<br>[Restricted|cc <br>[Restricted|importlicense_<br> SA|_ fimport license.<br> PSR|
|71131922||--- Ofplatinum :----<br>Studdedwithpearls||Free|Restricted|Cees||

1921|tt <br>|--- Ofplatinum :----|elcc<br>[Restricted|cc <br>[Restricted|importlicense_<br> SA|_ fimport license.<br> PSR|
|71131922||--- Ofplatinum :----<br>Studdedwithpearls||Free|Restricted|Cees||
|71131923||--- Ofplatinum :----||Free|Restricted|||
||Studded with|||||
||diamond ofheading|||||
||7102|||||
|71131924||--- Ofplatinum :----||Free|Restricted|||
||Studded with|||||
||diamond ofheading|||||
||7104|||||
|71131925||--- Ofplatinum :----||Free|Restricted|||
||Studded with other|||||
||precious and|||||
||semipreciousstones|||||

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£

|71131929||--Ofplatinum :----||Free|Restricted||-|-|
|---|---|---|---|---|---|
||Other|||||
|71132000||- Ofbase metal clad||Free|Restricted|||
||withpreciousmetal|||||

2: Notwithstanding anything containedin Para 1.05(b) of the Foreign Trade Policy, 2023, (FTP) or any other provision, the benefit of transitional arrangements shall not apply to the restrictions imposed under this Notification.

ntainedin Para 1.05(b) of the Foreign Trade Policy, 2023, (FTP) or any other provision, the benefit of transitional arrangements shall not apply to the restrictions imposed under this Notification.

3. The import policy as amended above shall come into force with immediate effect and shall apply irrespective of any prior contract, irrevocable letter of credit, advance payment, or shipment status. 4. However, imports by 100% Export Oriented Units and units located in Special Economic Zones (SEZs) shall not be subject to the above restrictions as per Para 6.01(d) of FTP, 2023 and under Rule 27 of the Special Economic Zones (SEZ) Rules, 2006 respectively, provided such imported goods are not sold into the Domestic Tarifff Area (DTAs). Further, imports under the schemes for export of Gems and Jewellery under Chapter-4 of FTP, 2023 shall also be exempt from these restrictions.

Effect of the Notification: The Import Policy of items under CTH 7113 is revised from “Free” to “Restricted” with immediate effect. These restrictions shall apply notwithstanding Para 1.05(b) of FTP 2023 and shall operate irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment whatsoever. Accordingly, the benefit of transitional arrangements shall not be available. However, the restrictions will not apply to the categories of imports mentioned at Para 4 of the Notification.

This is issued with the approval of the Minister of Commerce & Industry.

available. However, the restrictions will not apply to the categories of imports mentioned at Para 4 of the Notification.

This is issued with the approval of the Minister of Commerce & Industry.

(Lav Agarwal) Director General of Foreign Trade & Ex-officio Addl. Secretary to Govt. of India Email: dgft@nic.in

[Issued from F. No. 01/89/180/36/AM-11/PC-2[A]/[E-1678]]