DGFT amends Import Policy of Condition of Silver From ‘Restricted’ to ‘Free’ [Read Notification]

The import of Semi-Manufactured Silver Paste, Sheets, Plates, Strips, Tubes, Electrodes, Wires, and Silver Brazing Alloys by Electrical, Electronics, and Engineering industries, including Glass and Solar Industries for their manufacturing process on an 'Actual User' basis, is allowed freely, while import for R&D purposes by Government or Government Recognized Institutions is also exempt
DGFT - Import Policy - Condition of Silver - Restricted - 'Free - taxscan

The Directorate General of Foreign Trade (DGFT) has amended the import policy condition of silver from ‘Restricted’ to ‘Free’. This has been conveyed through the notification no.  57/2023 dated 15th January 2024. As per this amendment, the import of Semi-Manufactured Silver Paste, Sheets, Plates, Strips, Tubes, Electrodes, Wires, Silver Brazing Alloys(in any form), by Electrical,…

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