DGFT vide Notification No. 08/2025-26 dated 19th May 2025 - Amendment in Import Policy

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

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Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan

NewNotificationDelhi, Dated:No. 0819 /2025-26May, 2025

Subject: Amendment in Import Policy and Policy Conditions of specific ITC (HS) codes under Chapter 71 of Schedule —I(Import Policy) of ITC (HS) 2022 in sync with the Finance Act 2025 -reg.

S.O. (E) In exercise of powers conferred by Section 3 read with Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, as amended from time to time, the Central Government hereby amends the Import Policy and Policy Condition of specific ITC (HS) codes under Chapter 71 of Schedule —I (Import Policy) of ITC (HS) 2022 in sync with the Finance Act 2025 dated 29.03.2025, with immediate effect.

2. In Chapter 71, ITC (HS) 2022, Schedule-I (Import Policy), the details of the ITC(HS) codes that have been deleted and the Import Policy and Policy Conditions against the newly created ITC(HS) codes is notified as under:

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ITC(HS) codes that have been deleted and the Import Policy and Policy Conditions against the newly created ITC(HS) codes is notified as under:

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----- Start of picture text -----<br> ITC(HS) [Item Description [Import [Policy Condition<br>ode Policy<br>7106 Silver (including silver plated with gold or platinum), unwrought or in semi<br>manufactured forms, or in powder form.<br>PORE: Other :-- Unwrought:<br>71069120 |Containing 99.9 per Restricted [Import is allowed only through nominated<br>ent. or more b agencies as notified by RBI (in case of banks),<br>eight of silver IDGFT (for other agencies) and by qualified<br>jewellers as notified by the IFSCA for impo<br>hrough India International Bullion Exchange<br>(IIBX).<br>710692 |Other : - Semi-manufactured<br>1069221 |Bar: Containing/Free Subject to RBI Regulations.<br>99.9 percent o<br>more by weight of<br>silver<br>71069229 Subject to RBI Regulations.<br>----- End of picture text -----<br>

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.9 percent o<br>more by weight of<br>silver<br>71069229 Subject to RBI Regulations.<br>----- End of picture text -----<br>

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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|7108|Gold|(including|gold|plated|with|platinum)|unwrought|or|in|semi|
|manufactured|forms,|or|in powder|form.|
|710812|Other|unwrought|forms:|
|'71081200/-|Non-monetary:|--Deleted|
|Other|§unwrought|
|forms|
|71081210/---|Containing|99.5|Restricted]1.|Import|is|allowed|through:|
|noe|rinid|(i) Nominated agencies|as notified by RBI (in case|
|.|-|of|banks)|or|nominated|agencies|notified|DGFT|
|(for other|agencies)|
|(ii)|Qualified|Jewellers|(as|notified|by|IFSCA)|
|through|India|International|Bullion|Exchange|
|(IIBX);|
|2.|Valid|India-UAE|TRQ|holders|as|notified|b|
|IFSCA|can|import|gold|through|IIBX|against|the|
|TRQ|and|can|obtain|physical|delivery|of the|same|
|through|IFSCA|registered|vaults|located|in|SEZs|as|
|per the|guidelines prescribed by the IFSCA.|
|71081290|---|Other|IRestricted|1.|Import|is|allowed through:|
|(i)|Nominated|agencies|as|notified|by RBI|(in|case|
|of|banks)|or|nominated|agencies|notified|DGFT|
|(for|other|agencies)|
|(ii)|Qualified|Jewellers|(as|notified|by|IFSCA)|
|through|India|International|Bullion|Exchange|
|(IIBX)|;|
|2.|Valid|India-UAE|TRQ|holders|as|notified|b|
|IFSCA|can|import|gold|through|IIBX|against|the|
|TRQ|and|can|obtain|physical|delivery|of the|same|
|through|IFSCA|registered|vaults|located|in|SEZs|as|

|2.|Valid|India-UAE|TRQ|holders|as|notified|b|
|IFSCA|can|import|gold|through|IIBX|against|the|
|TRQ|and|can|obtain|physical|delivery|of the|same|
|through|IFSCA|registered|vaults|located|in|SEZs|as|
|per the|guidelines|prescribed by the|IFSCA.|
|3.|Gold|Dore|can|be|imported|by|refineries|agains|
|an|import|license|with|Actual|User (AU)|condition.|
|710813|Other|semi-manufactured|forms:|

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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|71081300;|Non-monetary:|--[Deleted|
|Other|semi-|
|manufactured|forms|
|71081310)---|Containing|99.5\Restricted|Import|is|allowed|only|through|nominated|agencies|
|per|cent.|or more|by|as|notified|by|RBI|(in|case|of|banks)|and|DGFT|
|eight of gold|(for|other|agencies)|

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by|as|notified|by|RBI|(in|case|of|banks)|and|DGFT| |eight of gold|(for|other|agencies)|

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```text
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|71081390}|---|Other|Restricted|Import|is|allowed|only|through|
|nominated|agencies|as|notified|by|RBI|
|(in|case|of|banks)|and|DGFT|(for|othe|
|agencies)|
|7110|Platinum,|unwrought|or|in|semi|manufactured|forms,|or|in powder|form.|
|711011|(Platinum:|— Unwrought or|in|powder form|
|71101111}--|Unwrought|form’|---Free|
|Containing|99.0|per|cent|o|
|ore by weight|of platinum|
|71101121---|In|powder|form:|---lFree|
|Containing|99.0|per|cent.|o|
|more by weight of platinum|
|71101910}---|Containing|99.0|per|cent.|Free|
|or more by weight of|platinum|

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Effect of the Notification:

The Import Policy of the ITC(HS) codes under Chapter 71 of ITC (HS) 2022, ScheduleI (Import Policy), newly created under the Finance Act, 2025 dated 29.03.2025, is notified with immediate effect.

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

(Ajae Director General of Foreign Trade & Addl. Secretary to the Government of India Email: dgft@nic.in

[Issued from File No. 01/89/180/36/AM-11/PC-2[A]/Part-VII / E-34827]

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