Gazette Tracker
Gazette Tracker

Core Purpose

This notification amends the import policy condition for specific ITC HS Codes under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy), mandating a valid Import Authorisation issued by the DGFT for imports through nominated agencies and qualified jewellers.

Detailed Summary

The Ministry of Commerce and Industry, Department of Commerce, Directorate General of Foreign Trade, issued Notification No. 19/2026-27 on June 2, 2026, with immediate effect, under S.O. 2809(E). This notification, exercising powers conferred by Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2023, amends the import policy conditions for specific ITC HS Codes under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy). Specifically, for codes 71061000 (Silver Powder), 71069110 (Silver Grains), 71069120 (Silver containing 99.9% or more), and 71069190 (Other unwrought silver), imports through nominated agencies (notified by the Reserve Bank of India for banks and by the Directorate General of Foreign Trade for other agencies) and by qualified jewellers (notified by the IFSCA for import via India International Bullion Exchange (IIBX)) are now permitted only against a valid Import Authorisation issued by the DGFT. The provision allowing silver dore import by refineries against a license with AU Condition remains unchanged where applicable. This amendment was issued with the approval of the Minister of Commerce & Industry.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02062026-273080 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2715] NEW DELHI, TUESDAY, JUNE 2, 2026/JYAISTHA 12, 1948 3947 GI/2026 (1) MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 2nd June, 2026 No. 19/2026-27 Subject: Amendment in import policy condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy)-reg. S.O. 2809(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 Government hereby amends the import policy condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy) with immediate effect: +------------+----------------------------------------------+------------+------------------------------------------------------------+------------------------------------------------------------+ | ITC(HS) | Item description | Import | Existing Import Policy Condition | Revised Import Policy Condition | | Code | | Policy | | | +============+==============================================+============+============================================================+============================================================+ | 7106 | Silver (including silver plated with gold or | - | - | - | | | platinum), unwrought or in semi manufactured | | | | | | forms, or in powder form. | | | | +------------+----------------------------------------------+------------+------------------------------------------------------------+------------------------------------------------------------+ | 71061000 | - Powder | Restricted | Import is allowed only through nominated agencies as | Imports through nominated agencies notified by the Reserve | | | | | notified by RBI (in case of banks) and DGFT (for other | Bank of India, in the case of banks, and by the | | | | | agencies). | Directorate General of Foreign Trade, in the case of other | | | | | | agencies, shall be permitted only against a valid Import | | | | | | Authorisation issued by the DGFT. | +------------+----------------------------------------------+------------+------------------------------------------------------------+------------------------------------------------------------+ | 710691 | - Other :-- Unwrought: | - | - | - | +------------+----------------------------------------------+------------+------------------------------------------------------------+------------------------------------------------------------+ | 71069110 | --- Grains | Restricted | Import is allowed only through nominated agencies as | Imports through nominated agencies notified by the Reserve | | | | | notified by RBI (in case of banks), DGFT (for other | Bank of India, in the case of banks, by the Directorate | | | | | agencies) and by qualified jewellers as notified by the | General of Foreign Trade, in the case of other agencies, | | | | | IFSCA for import through India International Bullion | and by qualified jewellers as notified by the IFSCA for | | | | | Exchange (IIBX). | import through India International Bullion Exchange | | | | | Silver dore can be imported by refineries against a | (IIBX) shall be permitted only against a valid Import | | | | | license with AU Condition. | Authorisation issued by the DGFT. | | | | | | Silver dore can be imported by refineries against a | | | | | | license with AU Condition. | +------------+----------------------------------------------+------------+------------------------------------------------------------+------------------------------------------------------------+ | 71069120 | --- Containing 99.9 per cent. or more by | Restricted | Import is allowed only through nominated agencies as | Imports through nominated agencies notified by the Reserve | | | weight of silver | | notified by RBI (in case of banks), DGFT (for other | Bank of India, in the case of banks, by the Directorate | | | | | agencies) and by qualified jewellers as notified by the | General of Foreign Trade, in the case of other agencies, | | | | | IFSCA for import through India International Bullion | and by qualified jewellers as notified by the IFSCA for | | | | | Exchange (IIBX). | import through India International Bullion Exchange | | | | | Silver dore can be imported by refineries against a | (IIBX) shall be permitted only against a valid Import | | | | | license with AU Condition. | Authorisation issued by the DGFT. | | | | | | Silver dore can be imported by refineries against a | | | | | | license with AU Condition. | +------------+----------------------------------------------+------------+------------------------------------------------------------+------------------------------------------------------------+ | 71069190 | --- Other | Restricted | Import is allowed only through nominated agencies as | Imports through nominated agencies notified by the Reserve | | | | | notified by RBI (in case of banks) and DGFT (for other | Bank of India, in the case of banks, and by the | | | | | agencies). Silver dore can be imported by refineries | Directorate General of Foreign Trade, in the case of other | | | | | against a license with AU condition | agencies, shall be permitted only against a valid Import | | | | | | Authorisation issued by the DGFT. | | | | | | Silver dore can be imported by refineries against a | | | | | | license with AU condition | +------------+----------------------------------------------+------------+------------------------------------------------------------+------------------------------------------------------------+ Effect of the Notification: Import of items under the above mentioned ITCHS codes, through nominated agencies notified by the Reserve Bank of India, in the case of banks, by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX), wherever allowed, shall be permitted only against a valid Import Authorisation issued by the DGFT. This is issued with the approval of the Minister of Commerce & Industry. [F. No. 01/89/180/36/AM-11/PC-2[A]/Part-VI/E-34691] 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.

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free