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Core Purpose

The Directorate General of Foreign Trade amends the import policy and policy conditions for specific ITC (HS) codes under Chapter 71 of Schedule-I, aligning them with the Finance Act, 2025.

Detailed Summary

By Notification No. 08/2025-26, S.O. 2237(E), dated 19th May 2025, the Directorate General of Foreign Trade (Ministry of Commerce and Industry, Department of Commerce) amends, with immediate effect, the Import Policy and Policy Conditions of specific ITC (HS) codes under Chapter 71 of Schedule-I (Import Policy) of ITC (HS) 2022, in exercise of powers under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, to bring them in sync with the Finance Act, 2025 dated 29.03.2025. Several existing codes (71069220, 71081200, 71081300, 71101110, 71101120, 71101900) are deleted and replaced with newly created codes. For silver (Chapter 7106): code 71069120 (99.9% or more silver by weight) remains Restricted, importable only through nominated agencies notified by RBI (for banks) or DGFT (for other agencies), or through qualified jewellers notified by IFSCA via the India International Bullion Exchange (IIBX); new codes 71069221 and 71069229 (silver bars, 99.9%+ and other) are Free, subject to RBI regulations. For gold (Chapter 7108): new codes 71081210 and 71081290 (99.5%+ gold and other, unwrought) are Restricted, importable through RBI/DGFT-nominated agencies or IFSCA-qualified jewellers via IIBX, with valid India-UAE TRQ holders permitted to import gold through IIBX against the TRQ and obtain physical delivery via IFSCA-registered vaults in SEZs; code 71081290 additionally permits Gold Dore import by refineries under an Actual User condition; new codes 71081310 and 71081390 (semi-manufactured, 99.5%+ and other) remain Restricted via RBI/DGFT-nominated agencies. For platinum (Chapter 7110): new codes 71101111 and 71101121 (99.0%+ platinum, unwrought and powder form) are Free, while 71101119 and 71101129 (other) are Restricted; under the separate 'Other' subheading 711019 (distinct from the unwrought/powder-form subheading 711011), new code 71101910 (99.0%+ platinum by weight) is Free and 71101990 (other) is Restricted. The notification states its effect is to notify, with immediate effect, the Import Policy of the newly created ITC(HS) codes under Chapter 71 arising from the Finance Act, 2025. Issued with the approval of the Minister of Commerce & Industry under F. No. 01/89/180/36/AM-11/PC-2[A]/Part-VII/E-34827, signed by Ajay Bhadoo, Director General of Foreign Trade & Additional Secretary.

Full Text

CG-DL-E-21052025-263255 EXTRAORDINARY PART II—Section 3—Sub-section (ii) I 3286 GI/2025 (1) | 71069120 | &&& otu ds vuqlkj 99-9 çfr'kr ;k mlls vfèkd pkna h ;qä | izfrcaf/kr | vk;kr dh vuqefr dsoy Hkkjrh; fjtoZ cSad ¼cSadks a ds ekeys esa½] fons'k O;kikj egkfuns'kky; ¼vU; ,tsfal;kas ds fy,½ }kjk ;Fkk vfèklwfpr ukfer ,tsfal;kas vkSj Hkkjrh; varjjk’Vªh; cqfy;u ,Dlpats ¼vkbvkbch,Dl½ ds ekè;e ls vk;kr ds fy, vkb,Q,llh, }kjk ;Fkk vfèklwfpr vgZrkizkIr vkHkw’k.kdrkZvkas ds ekè;e ls gh nh tkrh gSA flYoj Mksjs dk s okLrfod mi;kxs drkZ ¼,;w½ 'krZ ds lkFk vk;kr ykblsal ds vUrxrZ ifj'kkès ku'kkyk }kjk vk;kr fd;k tk ldrk gSA | |---|---|---|---| | 71069220 | &&& ckj | | | | 71069221 | &&& ckj%&&& otu ds vuqlkj 99-9 çfr'kr ;k mlls vfèkd pkna h ;qä | eqDr | vkjchvkb fofu;eka s ds vèkhuA | | 71069229 | &&& ckj&&&& vU; | eqDr | vkjchvkb fofu;eka s ds vèkhuA | | 71081200 | & xSj&ekSfæd % && vU; vfufeZr :i | | | | 710812 | && vU; vfuferZ :i% | | | | 71081210 | &&& otu ds vuqlkj 99-9 çfr'kr ;k mlls vfèkd Lo.kZ ;qä | izfrcaf/kr | 1- vk;kr dh vuqefr fuEufyf[kr ekè;e ls gS% ¼i½ vkjchvkb }kjk ;Fkk vfèklwfpr ukfer ,tsfal;k a ¼cSadks a ds ekeys eas½ ;k Mhth,QVh }kjk vfèklwfpr ukfer ,tsfal;k a ¼vU; ,tsfal;kas ds fy,½ ¼ii½ Hkkjrh; varjjk’Vªh; cqfy;u ,Dlpsta ¼vkbvkbch,Dl½ ds ekè;e ls vgZrkizkIr vkHkw’k.kdrkZ ¼vkb,Q,llh, }kjk ;Fkk vfèklwfpr½( 2- vkb,Q,llh, }kjk ;Fkk vfèklwfpr oSèk Hkkjr&;w,Ã VhvkjD;w èkkjd VhvkjD;w ds cnys vkbvkbch,Dl ds ekè;e ls lksus dk vk;kr dj ldrs gSa vkSj vkb,Q,llh, }kjk fuèkkZfjr fn'kkfunsZ'kkas ds vuqlkj ,lÃtsM eas fLFkr vkb,Q,llh, iath—r o‚YV ds ekè;e ls bldh okLrfod lwinw Zxh çkIr dj ldrs gSaA | | 71081290 | &&& vU; | izfrcaf/kr | 1- vk;kr dh vuqefr fuEufyf[kr ekè;e ls gS% ¼i½ vkjchvkb }kjk ;Fkk vfèklwfpr ukfer ,tsfal;k a ¼cSadks a ds ekeys eas½ ;k Mhth,QVh }kjk vfèklwfpr ukfer ,tsfal;k a ¼vU; ,tsfal;kas ds fy,½ | | | | | ¼ii½ Hkkjrh; varjjk’Vªh; cqfy;u ,Dlpats ¼vkbvkbch,Dl½ ds ekè;e ls ;kXs ; ToSylZ ¼vkb,Q,llh, }kjk ;Fkk vfèklwfpr½( 2- vkb,Q,llh, }kjk ;Fkk vfèklwfpr oSèk Hkkjr&;w,Ã VhvkjD;w èkkjd VhvkjD;w ds cnys vkbvkbch,Dl ds ekè;e ls lksus dk vk;kr dj ldrs gSa vkSj vkb,Q,llh, }kjk fuèkkZfjr fn'kkfunsZ'kkas ds vuqlkj ,lÃtsM eas fLFkr vkb,Q,llh, iath—r o‚YV ds ekè;e ls bldh okLrfod lqiqnZxh çkIr dj ldrs gSaA 3- xksYM Mksj dks okLrfod mi;kxs drkZ ¼,;w½ 'krZ ds lkFk vk;kr ykblsal ds varxZr ifj'kkès ku'kkyk }kjk vk;kr fd;k tk ldrk gSA | |---|---|---|---| | 71081300 | & xSj&ekSfæd % && vU; vèkZ&fuÆer :i | | | | 710813 | && vU; vèkZ&fofuÆer :i% | | | | 71081310 | && otu ds vuqlkj 99- 9 çfr'kr ;k mlls vfèkd Lo.kZ ;qä | izfrcaf/kr | vk;kr dh vuqefr dsoy vkjchvkb ¼cSadks a ds ekeys es½a vkSj Mhth,QVh ¼vU; ,tsfal;kas ds fy,½ }kjk ;Fkk vfèklwfpr ukfer ,tsfal;kas ds ekè;e ls gh nh tkrh gSA | | 71081390 | &&& vU; | izfrcaf/kr | vk;kr dh vuqefr dsoy vkjchvkb ¼cSadks a ds ekeys es½a vkSj Mhth,QVh ¼vU; ,tsfal;kas ds fy,½ }kjk ;Fkk vfèklwfpr ukfer ,tsfal;kas ds ekè;e ls gh nh tkrh gSA | | 71101110 | &&& vfuÆer :i | | | | 71101111 | &&& vfufeZr :i &&& otu ds vuqlkj 99-0 çfr'kr ;k mlls vfèkd IySfVue ;qä | eqDr | - | | 71101119 | &&& vfuferZ :i% &&& vU; | izfrcaf/kr | - | | 71101120 | &&& ikmMj ds :i eas | | | | 71101121 | &&& ikmMj ds :i ea%s &&& otu ds vuqlkj 99-0 çfr'kr ;k mlls vfèkd IySfVue ;qä | eqDr | - | | 71101129 | &&& ikmMj ds :i ea%s &&& vU; | izfrcaf/kr | - | | 71101900 | & IySfVue % && vU; | | | | 711019 | &&vU; | | | | 71101910 | &&& otu ds vuqlkj 99-0 çfr'kr ;k mlls vfèkd IySfVue ;qä | eqDr | - | | 71101990 | &&& vU; | çfrcafèkr | - | [Qk-la-1@89@180@36@,,e&11@ihlh&2¼,½@ikVZ&VII@bZ&34827] vt; Hkknw egkfuns'kd fons'k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) NOTIFICATION New Delhi, the 19th May, 2025 No. 08 /2025-26 Subject: Amendment in Import Policy and Policy Conditions of specific ITC (HS) codes under Chapter 71 of Schedule –I(Import Policy) of ITC (HS) 2022 in sync with the Finance Act 2025 -reg. S.O. 2237 (E).–– In exercise of powers conferred by Section 3 read with Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP) 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) of ITC (HS) 2022 in sync with the Finance Act 2025 dated 29.03.2025, with immediate effect. 2. In Chapter 71, ITC (HS) 2022, Schedule–I (Import Policy), the details of the ITC(HS) codes that have been deleted and the Import Policy and Policy Conditions against the newly created ITC(HS) codes is notified as under: | ITC(HS) Code | Item Description | Import Policy | Policy Condition | |---|---|---|---| | 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi manufactured forms, or in powder form. | | | | 710691 | Other :-- Unwrought: | | | | 71069120 | Containing 99.9 per cent. or more by weight of silver | Restricted | Import is allowed only through nominated agencies as notified by RBI (in case of banks), DGFT (for other agencies) and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX). | | 710692 | Other : -- Semi-manufactured | | | | 71069220 | Bar | Deleted | | | 71069221 | Bar: Containing 99.9 percent or more by weight of silver | Free | Subject to RBI Regulations. | |---|---|---|---| | 71069229 | Bar---- Other | Free | Subject to RBI Regulations. | | 7108 | Gold (including gold plated with platinum) unwrought or in semi manufactured forms, or in powder form. | | | |---|---|---|---| | 710812 | -- Other unwrought forms: | | | | 71081200 | - Non-monetary: -- Other unwrought forms | Deleted | | | 71081210 | --- Containing 99.5 per cent. or more by weight of gold | Restricted | 1. Import is allowed through: (i) Nominated agencies as notified by RBI (in case of banks) or nominated agencies notified DGFT (for other agencies) (ii) Qualified Jewellers (as notified by IFSCA) through India International Bullion Exchange (IIBX); 2. Valid India-UAE TRQ holders as notified by IFSCA can import gold through IIBX against the TRQ and can obtain physical delivery of the same through IFSCA registered vaults located in SEZs as per the guidelines prescribed by the IFSCA. | | 71081290 | --- Other | Restricted | 1. Import is allowed through: (i) Nominated agencies as notified by RBI (in case of banks) or nominated agencies notified DGFT (for other agencies) (ii) Qualified Jewellers (as notified by IFSCA) through India International Bullion Exchange (IIBX) ; 2. Valid India-UAE TRQ holders as notified by IFSCA can import gold through IIBX against the TRQ and can obtain physical delivery of the same through IFSCA registered vaults located in SEZs as per the guidelines prescribed by the IFSCA. 3. Gold Dore can be imported by refineries against an import license with Actual User (AU) condition. | | 710813 | -- Other semi-manufactured forms: | | | | 71081300 | - Non-monetary: -- Other semi- manufactured forms | Deleted | | | 71081310 | --- Containing 99.5 per cent. or more by weight of gold | Restricted | Import is allowed only through nominated agencies as notified by RBI (in case of banks) and DGFT (for other agencies) | | 71081390 | --- Other | Restricted | Import is allowed only through nominated agencies as notified by RBI (in case of banks) and DGFT (for other agencies) | |---|---|---|---| | 7110 | Platinum, unwrought or in semi manufactured forms, or in powder form. | | | | 711011 | Platinum: -- Unwrought or in powder form | | | | 71101110 | --- Unwrought form | Deleted | | | 71101111 | --- Unwrought form --- Containing 99.0 per cent or more by weight of | Free | - | | | platinum | | | |---|---|---|---| | 71101119 | ---Unwrought form: --- Other | Restricted | - | | 71101120 | --- In powder form | Deleted | | | 71101121 | --- In powder form: --- Containing 99.0 per cent. or more by weight of platinum | Free | - | | 71101129 | --- In powder form: --- other | Restricted | - | | 711019 | --Other | | | | 71101900 | - Platinum : -- Other | Deleted | | | 71101910 | --- Containing 99.0 per cent. or more by weight of platinum | Free | - | | 71101990 | ---Other | Restricted | - | Effect of the Notification: The Import Policy of the ITC(HS) codes under Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy), newly created under the Finance Act, 2025 dated 29.03.2025, is notified with immediate effect. This is issued with the approval of Minister of Commerce & Industry. [F. No. 01/89/180/36/AM-11/PC-2[A]/Part-VII / E-34827] AJAY BHADOO, Director General of Foreign Trade & Addl. Secy. and Published by the Controller of Publications, Delhi-110054. GORAKHA NATH YADAVA Date: 2025.05.21 11:24:23 +05'30' YADAVA

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