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. 17/2024-25

New Delhi, Dated the 11th June, 2024

Subject: Amendment in import policy of specific ITC (HS) codes under 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 ITC (HS), 2022, Schedule - I (Import Policy), with immediate effect, as under:

ITC(HS) Code Description Policy Existing Import Policy Revised Import Policy Policy Condition
71131912 --- Of gold: ----Studded with pearls Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation.
71131913 --- Of gold: ----Studded with diamonds of heading 7102 Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation.
71131914 --- Of gold: ----Studded with diamonds of heading 7104 Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation.
71131915 --- Of gold :----Studded with other precious and semi-precious stones Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation.
71131960 --- Parts Free Restricted  

Effect of the Notification: The Import Policy of ITC (HS) code 71131912, 71131913, 71131914, 71131915, 71131960 has been amended from "Free" to "Restricted" with immediate effect. However import under ITC (HS) codes 71131912, 71131913, 71131914 and 71131915 shall be permitted without restricted import Authorisation under a valid INDIA-UAE CEPA TRQ.

This is issued with the approval of Minister of Commerce & Industry.

(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]/E-1679)

 

Refer:- Policy Circular No. 05/2024-25 dt. 13.06.2024