DGFT ‘Restricts’ Import of Gold -Studded with Pearls, Diamonds, Other Precious Stones with Conditions [Read Notification]

The DGFT ( Directorate General of Foreign Trade ) has notified the import restrictions on Import of Gold -Studded with Pearls, Diamonds and Other Precious Stones with certain conditions.

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 amends the import policy and policy condition of specific ITC HS codes under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy), with immediate effect, as under:

ITC(HS) Code	Description Policy	Existing Import Policy	Revised Import Policy	Policy Condition
71131912	---- Of gold: ----Studded with pearls	Free	Restricted	However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation
71131913	----Of gold: ----Studded with diamonds of heading 7102	Free	Restricted	However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation
71131914	---- Of gold: ----Studded with diamonds of heading 7104	Free	Restricted	However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation
71131915	--- Of gold :----Studded with other precious and semiprecious stones	Free	Restricted	However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation
71131960	--- Parts	Free	Restricted

To Read the full text of the Order CLICK HERE

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