Amendment in Import Policy for Silver under Chapter 71
DGFT notification 19/2026-27 · 02 Jun 2026
Official title
Amendment in import policy condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy)-reg.
Official record
Open source pageSummary
Check the official recordWhat changed
The Directorate General of Foreign Trade has amended the import policy conditions for specific silver items under ITC (HS) codes 71061000, 71069110, 71069120, and 71069190. Effective immediately, imports of these items through nominated agencies (notified by the RBI or DGFT) and qualified jewellers (notified by the IFSCA for the India International Bullion Exchange) are now permitted only upon obtaining a valid Import Authorisation issued by the DGFT. This requirement applies to silver in powder, grain, and other unwrought forms. Silver dore imports by refineries remain subject to existing license requirements with Actual User (AU) conditions.
What you must do
- Obtain a valid Import Authorisation from the DGFT for the import of specified silver items.
Key dates
- Effective from
- 02 Jun 2026
Document text
To be published in the Gazette of India Extraordinary Part-II, Section-3, and 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 /2026-27 New Delhi, Dated: 02nd June, 2026
Subject: Amendment in import policy condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy)-reg.
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 condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy) with immediate effect:
| ITC(HS) Code | Item description | Import Policy | Existing Import Policy Condition | Revised Import Policy Condition |
|---|---|---|---|---|
| 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi manufactured forms, or in powder form. | - | - | - |
| 71061000 | - Powder | Restricted | Import is allowed only through nominated agencies notified by RBI (in case of banks) and DGFT (for other agencies). | Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, shall be permitted only against a valid Import Authorisation issued by the DGFT. |
| 710691 | - Other :-- Unwrought: | - | - | - |
| 71069110 | --- Grains | Restricted | Import is allowed only through nominated agencies as Reserve Bank of India (in case of banks), and by the DGFT (for other agencies) and by the case of other qualified agencies, and by jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX). Silver dore can be imported by refineries against a license with AU Condition. | Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX) shall be permitted only against a valid Import Authorisation issued by the DGFT. Silver dore can be imported by refineries against a license with AU Condition. |
| 71069120 | Containing 99.9 per cent. or more by weight of silver | Restricted | Import is allowed only through nominated agencies as Reserve Bank of India (in case of banks), and by the DGFT (for other agencies) and by the case of other qualified agencies, and by jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX). | Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX) shall be permitted only against a valid Import Authorisation issued by the DGFT. |
| 71069190 | --- Other | Restricted | Import is allowed only through nominated agencies as Reserve Bank of India (in case of banks), and by the DGFT (for other agencies). Silver dore can be imported by refineries against a license with AU Condition | Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, shall be permitted only against a valid Import Authorisation issued by the DGFT. Silver dore can be imported by refineries against a license with AU Condition |
Effect of the Notification: Import of items under the above mentioned ITCHS codes, through nominated agencies notified by the Reserve Bank of India, in the case of banks, by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX), wherever allowed, shall be permitted only against a valid Import Authorisation issued by the DGFT.
This is issued with the approval of the Minister of Commerce & Industry.
(Lav Agarwal) 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)
Source details
- Source
- Directorate General of Foreign Trade
- Type
- notification
- Published by source
- 02 Jun 2026
- Document number
- 19/2026-27
- Issuing division
- Directorate General of Foreign Trade
- Effective date
- 02 Jun 2026
- Coverage area
- foreign-trade