Amendment in import policy condition of silver Covered under Chapter 71 of Schedule –I (Import Policy) of ITC (HS), 2022

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..... 023 Subject : Amendment in import policy condition of silver Covered under Chapter 71 of Schedule I (Import Policy) of ITC (HS), 2022. S.O. 4423(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 Gove .....

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..... d 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. 71069290 Other Restricted Import is allowed only through nominated agencies as notified by RBI (in case of banks) and DGFT (for other agencies). .....

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