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Core Purpose

The Directorate General of Foreign Trade amends the import policy under Chapter 71 to restrict import of Palladium, Rhodium and Iridium alloys containing more than 1 percent gold by weight.

Detailed Summary

By Notification No. 18/2025-26, S.O. 2777(E), dated 17th June 2025, the Directorate General of Foreign Trade (Ministry of Commerce and Industry, Department of Commerce) amends, with immediate effect, the Import Policy of ITC (HS) codes 71102100, 71102900 (Palladium, unwrought/powder form and other), 71103100, 71103900 (Rhodium, unwrought/powder form and other), and 71104100, 71104900 (Iridium, Osmium and Ruthenium, unwrought/powder form and other) 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. These items remain classified as 'Free' for import, but a revised policy condition is added stating that import of Palladium, Rhodium or Iridium alloy consisting of more than 1 percent (1%) gold by weight is 'Restricted'. The notification's stated effect confirms the import policy for the six listed codes remains 'Free', while alloys of Palladium, Rhodium and Iridium containing more than 1% gold by weight are 'Restricted'. Issued with the approval of the Minister of Commerce & Industry under F. No. 01/89/180/93/AM-24/PC-2(A)/E-42179, signed by Ajay Bhadoo, Director General of Foreign Trade & Additional Secretary.

Full Text

CG-DL-E-23062025-264064 EXTRAORDINARY PART II—Section 3—Sub-section (ii) ( ) , , I 4073 GI/2025 (1) | 71102100 | & iSyfsM;e % && vfufeZr ;k ikmMj ds :i eas | eqDr | & | rFkkfi] otu ds vulq kj 1 çfr'kr ¼1%½ ls vfèkd lksus ls ;qä iSyfsM;e feJ èkkrq dk vk;kr çfrcafèkr gSA | |---|---|---|---|---| | 71102900 | & iSyfsM;e % && vU; | eqDr | & | rFkkfi] otu ds vulq kj 1 çfr'kr ¼1%½ ls vfèkd lksus ls ;qä iSyfsM;e feJ èkkrq dk vk;kr çfrcafèkr gSA | | 71103100 | & jksfM;e % && vfufeZr ;k ikmMj ds :i eas | eqDr | & | rFkkfi] otu ds vulq kj 1 çfr'kr ¼1%½ ls vfèkd lkus s oky s jksfM;e feJ èkkrq dk vk;kr çfrcafèkr gSA | | 71103900 | & jksfM;e % && vU; | eqDr | & | rFkkfi] otu ds vulq kj 1 çfr'kr ¼1%½ ls vfèkd lkus s oky s jksfM;e feJ èkkrq dk vk;kr çfrcafèkr gSA | | 71104100 | & bjhfM;e] v‚fLe;e vkSj :Fksfu;e% && vfufeZr ;k ikmMj ds :i eas | eqDr | & | rFkkfi] otu ds vulq kj 1 çfr'kr ¼1%½ ls vfèkd lkus s oky s bjhfM;e feJ èkkrq dk vk;kr çfrcafèkr gSA | | 71104900 | & bjhfM;e] v‚fLe;e vkSj :Fksfu;e % && vU; | eqDr | & | rFkkfi] otu ds vulq kj 1 çfr'kr ¼1%½ ls vfèkd lkus s oky s bjhfM;e feJ èkkrq dk vk;kr çfrcafèkr gSA | MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 17th June, 2025 No. 18/2025-26 Subject: Amendment in Import Policy of specific items covered under Chapter 71 of ITC (HS) 2022 of Schedule –I (Import Policy) -reg. S.O. 2777(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 makes the following amendments under Chapter 71 of Schedule–I (Import Policy) of ITC (HS) 2022, with immediate effect. 2. The Import Policy of the following ITC(HS) codes is amended as under: | ITC(HS) Code | Item Description | Existing Import Policy | Existing Import Policy Condition | Revised Import Policy Condition | |---|---|---|---|---| | 71102100 | - Palladium : -- Unwrought or in powder form | Free | - | However, import of Palladium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | | 71102900 | - Palladium : -- Other | Free | - | However, import of Palladium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | | 71103100 | - Rhodium : -- Unwrought or in powder form | Free | - | However, import of Rhodium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | | 71103900 | - Rhodium : -- Other | Free | - | However, import of Rhodium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | | 71104100 | - Iridium, osmium and ruthenium : -- Unwrought or in powder form | Free | - | However, import of Iridium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | | 71104900 | - Iridium, osmium and ruthenium : -- Other | Free | - | However, import of Iridium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | Effect of the Notification: The Import Policy of items covered under the ITC (HS) codes 71102100, 71102900, 71103100, 71103900, 71104100 and 71104900 is “Free”. However, import of Palladium, Rhodium and Iridium alloy consisting of gold more than 1 percent (1%) by weight is "Restricted". This is issued with the approval of Minister of Commerce & Industry. [F. No. 01/89/180/93/AM-24/PC-2(A)/E-42179] AJAY BHADOO, Director General of Foreign Trade & Addl. Secy. KUMER CHAND MEENA and Published by the Controller of Publications, Delhi-110054. MEENA Date: 2025.06.23 22:39:53 +05'30'

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