COMMODITY
Government imposes crubs on imports of gold, platinum, silver jewellery
Apr-02-2026

In order to check misuse of free trade agreements (FTAs), the government has imposed crubs on imports of gold, platinum and silver jewellery with immediate effect. The Directorate General of Foreign Trade (DGFT) has notified that these restrictions will operate irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment. The benefit of transitional arrangements shall not be available.

It stated that the Import Policy of items under CTH (customs tariff heading) 7113 is revised from 'Free' to 'Restricted' with immediate effect. Articles of gold, silver and platinum jewellery are covered under this heading. Importers of these goods would now need permission or a license from the DGFT. With this, now there are restrictions on all gold, silver and platinum jewellery imports.

However, DGFT noted that imports by 100 per cent Export Oriented Units and units located in Special Economic Zones (SEZS) shall not be subject to these restrictions. Imports under the schemes for export of Gems and Jewellery under a chapter of the foreign grade policy will also be exempt from these restrictions.

In November last year, the government had imposed import curbs on certain types of platinum jewellery till April this year. In September 2025, similar curbs were there on silver jewellery till March this year.

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