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DGFT notifies Free Imports of Palladium, Rhodium, Iridium Alloys Subject to Conditions [Read Notification]

This liberalization is expected to facilitate the import of these critical precious metals used in various industrial and technological applications, including electronics, automotive catalysts, and specialized equipment.

DGFT notifies Free Imports of Palladium, Rhodium, Iridium Alloys Subject to Conditions [Read Notification]
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The Directorate General of Foreign Trade ( DGFT ) has issued a notification permitting the free import of Palladium, Rhodium, and Iridium alloys, subject to specified conditions. This liberalization is expected to facilitate the import of these critical precious metals used in various industrial and technological applications, including electronics, automotive catalysts,...


The Directorate General of Foreign Trade ( DGFT ) has issued a notification permitting the free import of Palladium, Rhodium, and Iridium alloys, subject to specified conditions.

This liberalization is expected to facilitate the import of these critical precious metals used in various industrial and technological applications, including electronics, automotive catalysts, and specialized equipment.

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However, the DGFT has also clarified that if these alloys contain more than 1% by weight of gold, such imports will fall under the “Restricted” category. Importers will therefore need to ensure compliance with this gold content threshold to avail of the benefits of the “Free” import status.

The Import Policy of the following ITC(HS) codes is amended as under:

ITC(HS) Code

Item Description

Existing import policy

Existing import policy condition

Revised Import Policy Condition

71102100

Palladium : Unwrought or in powder form

Free

However, import of Palladium alloy consisting of gold more than 1 percent (1%) by weight is Restricted.

71102900

- Palladium :Other

Free

-

However, import of Palladium alloy consisting of gold more than 1 percent (1%) by weight is Restricted.

71103100

Rhodium : Unwrought or in powder form

Free

-

However, import of Rhodium alloy consisting of gold more than 1 percent (1%) by weight is Restricted.

71103900

Rhodium: Other

Free

-

However, import of Rhodium alloy consisting of gold more than 1 percent (1%) by weight is Restricted.

71104100

Iridium, Osmium and Ruthenium : - Unwrought or in powder form

Free

-

However, import of Iridium alloy consisting of gold more than 1 percent (1%) by weight is Restricted.

71104900

Iridium, osmium Iridium, and Ruthenium: Other

Free

-

However, import of Iridium alloy consisting of gold more than 1 percent (1%) by weight is Restricted.

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