Customs Tariff

Chapter 71

Exemption Notifications

Notification No. 248/76 DT. 2-8-1976             Precious stones imported by post on "approval or return" basis exempted.

Notification No. 146/93 DT. 28-6-1993          Exemption to platinum falling under 71.10

Notification No.117/94-Cus. DT 27-04-1994   Applicable rates of customs duty - Gold and Silver 

Notification No. 80/1997-Cus DT 21-10-1997 Exemption to gold and silver imported by MMTC, HHEC, STC, etc.

Notification No. 97/99 DT. 21.7.1999           CH. 71—Standard Gold Bars imported by RBI Authorised Bank under Gold Deposit Scheme: Basic, CVD & SAD nil.

Notification No. 56/2000 DT. 5.5.2000         CH. 71—Spcfd. Gold/Silver/Platinum: Basic & CVD nil.

Notification No. 57/2000 DT. 8.5.2000         71.06/.08/.10-Spcfd. Gold/Silver/Platinum: Basic & CVD nil.

Notification No. 25/2001DT. 1.3.2001         CH. 71-Gold & Silver (TollSmelted/Processed): Duty on Toll smelting/processing cost + insurance & freight charges

Notification No. 55/2001 DT. 16.5.2001     CH. 71-Cut, Polished Diamonds (Re-import): Basic, CVD nil.

Notification No. 86/2001 DT. 7.8.2001       CH. 71-Spcfd. Platinum, Silver, Gold: Basic & CVD nil.

Notification No. 60/2002 DT.7-6-2002        Exemption to raw pearls, natural or cultured, and precious or semi-precious stones.

Notification No. 31/2003 DT. 1-3-2003       Effective rate of duty for gold including ornaments imported by passengers.