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Core Purpose

This notification amends the import policy for various items classified under Customs Tariff Heading (CTH) 7113 within Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy), changing their status from 'Free' to 'Restricted' with immediate effect.

Detailed Summary

The Ministry of Commerce and Industry, Department of Commerce, through the Directorate General of Foreign Trade, issued Notification No. 02/2026-27, S.O. 1685(E) on April 1, 2026. Exercising powers conferred by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2023, the Central Government has amended the import policy for articles of jewellery and parts thereof, of precious metal or metal clad with precious metal, covered under CTH 7113. Specifically, numerous ITC (HS) codes, including 71131110, 71131142, 71131143, 71131190, 71131922, 71131923, 71131924, 71131925, 71131929, 71131990, and 71132000, previously under 'Free' import policy, are now 'Restricted'. Imports of gold jewellery under sub-codes 71131911 to 71131915, which were already 'Restricted', continue to be so, with the existing condition for import under a valid INDIA-UAE CEPA TRQ remaining permitted without an import license. The notification clarifies that the benefit of transitional arrangements, as per Para 1.05(b) of the Foreign Trade Policy, 2023, shall not apply to these restrictions, and the amended policy will operate irrespective of any prior contract, irrevocable letter of credit, advance payment, or shipment status. Exemptions apply to imports by 100% Export Oriented Units and units in Special Economic Zones (SEZs) as per Para 6.01(d) of FTP, 2023, and Rule 27 of the Special Economic Zones (SEZ) Rules, 2006, provided such goods are not sold into the Domestic Tariff Area (DTAs). Additionally, imports under schemes for export of Gems and Jewellery under Chapter-4 of FTP, 2023, are also exempt. This notification was issued with the approval of the Minister of Commerce & Industry and signed by Lav Agarwal, Director General of Foreign Trade & Ex-officio Addl. Secy.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02042026-271542 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1620] NEW DELHI, WEDNESDAY, APRIL 1, 2026/CHAITRA 11, 1948 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 1st April, 2026 No. 02/2026-27 Subject: Amendment in Import Policy of items covered under CTH 7113 under Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy)-reg. S.O. 1685(E).β€”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 makes the following amendments under Chapter 71 of ITC (HS) 2022, Schedule -I (Import Policy) with immediate effect: 2. The Import Policy of the following ITC (HS) codes is amended as under: +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | ITC(HS) | Item description | Existing Import | Revised Import | Existing Import Policy Condition | Revised Import Policy Condition | | Code | | Policy | Policy | | | +============+=================================================================+=================+=================+==================================================================================+==================================================================================+ | 7113 | Articles of jewellery and parts thereof, of precious metal or | | | | | | | of metal clad with precious metal. | | | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 711311 | -Of precious metal whether or not plated or clad with precious | | | | | | | metal: -- Of silver, whether or not plated or clad with other | | | | | | | precious metal | | | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131110 | -- Jewellery with filigree work | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131141 | ---- Other Jewellery: ---- Unstudded | Restricted | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131142 | ---- Other Jewellery: ---- Studded with pearls | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131143 | ---- Other Jewellery: ---- Studded with diamonds of heading | Free | Restricted | | | | | 7102 | | | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131144 | ---- Other Jewellery: ---- Studded with diamonds of heading | Restricted | Restricted | | | | | 7104 | | | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131145 | ---- Other Jewellery: ---- Studded with other precious and | Restricted | Restricted | | | | | semiprecious stones | | | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131149 | ---- Other Jewellery: ---- Other | Restricted | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131190 | ---- Parts | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 711319 | - Of precious metal whether or not plated or clad with | | | | | | | precious metal : -- Of other precious metal, whether or not | | | | | | | plated or clad with precious metals | | | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131911 | -- Of gold: ----Unstudded | Restricted | Restricted | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted freely | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | | | | | | without any import license | import license. | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131912 | ---- Of gold: ----Studded with pearls | Restricted | Restricted | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | | | | | | import license | import license. | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131913 | -- Of gold: ----Studded with diamonds of heading 7102 | Restricted | Restricted | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | | | | | | import license | import license. | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131914 | ---- Of gold: ----Studded with diamonds of heading 7104 | Restricted | Restricted | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | | | | | | import license | import license. | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131915 | ---- Of gold :----Studded with other precious and | Restricted | Restricted | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | However, import under a valid INDIA-UAE CEPA TRQ shall be permitted without any | | | semi-precious stones | | | import license | import license. | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131919 | ---- Of gold :----Other | Restricted | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131921 | ---- Of platinum :---- Unstudded | Restricted | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131922 | ---- Of platinum :----Studded with pearls | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131923 | ---- Of platinum :----Studded with diamond of heading 7102 | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131924 | ---- Of platinum :----Studded with diamond of heading 7104 | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131925 | ---- Of platinum :----Studded with other precious and | Free | Restricted | | | | | semiprecious stones | | | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131929 | ---- Of platinum :----Other | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131960 | ---- Parts | Restricted | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71131990 | ---- Other | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ | 71132000 | - Of base metal clad with precious metal | Free | Restricted | | | +------------+-----------------------------------------------------------------+-----------------+-----------------+----------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ 2. Notwithstanding anything contained in Para 1.05(b) of the Foreign Trade Policy, 2023, (FTP) or any other provision, the benefit of transitional arrangements shall not apply to the restrictions imposed under this Notification. 3. The import policy as amended above shall come into force with immediate effect and shall apply irrespective of any prior contract, irrevocable letter of credit, advance payment, or shipment status. 4. However, imports by 100% Export Oriented Units and units located in Special Economic Zones (SEZs) shall not be subject to the above restrictions as per Para 6.01(d) of FTP, 2023 and under Rule 27 of the Special Economic Zones (SEZ) Rules, 2006 respectively, provided such imported goods are not sold into the Domestic Tariff Area (DTAs). Further, imports under the schemes for export of Gems and Jewellery under Chapter-4 of FTP, 2023 shall also be exempt from these restrictions. Effect of the Notification: The Import Policy of items under CTH 7113 is revised from "Free" to "Restricted" with immediate effect. These restrictions shall apply notwithstanding Para 1.05(b) of FTP 2023 and shall operate irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment whatsoever. Accordingly, the benefit of transitional arrangements shall not be available. However, the restrictions will not apply to the categories of imports mentioned at Para 4 of the Notification. This is issued with the approval of the Minister of Commerce & Industry. [F. No. 01/89/180/36/AM-11/PC-2[A]/E-1678] Lav Agarwal, Director General of Foreign Trade & Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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