DGFT Amends Para 4.84 of HBP 2023: Advance Authorisation Holders Barred from Importing Gold as Replenishment [Read Notice]
The amendment removes the provision allowing import of gold as replenishment under Advance Authorisation, aligning procedural timelines with the Foreign Trade Policy 2023.
DGFT-Gold-importing-Taxscan
DGFT-Gold-importing-Taxscan
The Directorate General of Foreign Trade (DGFT) has issued a Public Notice dated October 23, 2025, to amend Paragraph 4.84(b) of the Handbook of Procedures (HBP) 2023.
The latest amendment sees the DGFT remove the provision that earlier allowed Advance Authorisation holders to import gold as replenishment after completion of exports.
The revised paragraph now prescribes a fixed export obligation period under the Advance Authorisation Scheme of 120 days from the date of import for general consignments and 180 days for findings and mountings made of gold, silver or platinum used in the manufacture and export of jewellery.
Under the earlier version of Para 4.84(b), Advance Authorisation holders could import gold as replenishment upon fulfilling their export obligations, as per a standard procedure laid down by the DGFT.
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However, the latest amendment pulls back this post-export replenishment facility with all exporters involved required to timely complete their export obligations within the prescribed period.
The latest amendment also aligns Para 4.84(b) of the HBP 2023 with Para 4.36(a) of the Foreign Trade Policy 2023, thereby harmonising the procedural and policy provisions that govern export obligations under the Advance Authorisation Scheme.
Essentially, the rollback of the leeway that was provided to Advance Authorisation holders now eliminates all ambiguity around ‘replenishment imports’ and reinforces that raw material imports under duty exemption must be directly linked to actual production and export activity.
Exporters are advised to strictly adhere to the defined export obligation timelines and uniform compliance requirements set by the DGFT and the same shall be applicable to all categories of authorisation holders.
The provisions of the public notice are effective immediately.
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