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The Central Government amends the import policy for gold under specific ITC HS codes from free to restricted with immediate effect. The affected codes are 71131911, 71131919, and 71141910. The import under code 71131911 is permitted freely without any import license under a valid India-UAE CEPA TRQ.
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[To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (ii)]
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi
Notification No. 19 /2023 New Delhi, Dated: 12th July, 2023
Subject: Amendment in import policy and policy condition of Gold Covered under HS code 71131911, 71131919 & 71141910 of Chapter 71 of Schedule –I (Import Policy) of ITC (HS) 2022.
S.O. (E): 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 Schedule -I (Import Policy) - ITC (HS), 2022, as under:
| HS codes | Item Description | Existing Import Policy | Existing Policy Condition | Revised Import Policy | Revised Policy Condition |
|---|---|---|---|---|---|
| 71131911 | --- Of gold :---- Unstudded | Free | - | Restricted | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted freely without any import license. |
| 71131919 | --- Of gold :----Other | Free | - | Restricted | - |
| 71141910 | --- Articles of gold | Free | - | Restricted | - |
This issues with the approval of Minister of Commerce & Industry.
[Image omitted. See the official document.]
(Santosh Kumar Sarangi) Director General of Foreign Trade & Ex-officio Addl. Secretary to Govt. of India Email: dgft@nic.in
(Issued from File No.01/89/180/36/AM-11/PC-2[A]/Part-VI/E-34691)
