DGFT restricts Import of Platinum under HS Code 7110, Except for 99% Pure Alloys [Read Notification]

Through this notification, the DGFT has restricted the import of platinum under HS Code 7110, except for platinum alloys with 99% or more purity, which remain freely importable
DGFT - DGFT restricts Import of Platinum - Platinum import restriction DGFT - TAXSCAN

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has issued a notification amending the import policy of platinum under HS Code 7110 in Chapter 71 of ITC (HS) 2022, Schedule – 1 (Import Policy). As per the notification, the import policy of certain categories of platinum has been revised…

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