Amendment in import policy of Silver covered under ITC HS codes 71069221 and 71069229 of Chapter 71 of ITC HS2022 Schedule I Import Policyreg

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-16052026-272636 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2445] NEW DELHI, SATURDAY, MAY 16, 2026/VAISAKHA 26, 1948 3528 GI/2026 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 16th May, 2026 No. 17/2026-27 Subject: Amendment in import policy of Silvercovered under ITC (HS) codes 71069221 and 71069229 of Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy)-reg. S.O. 2537(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 of ITC (HS) code 71069221 and 71069229 covered under Chapter 71 of ITC (HS) 2022, Schedule - I (Import Policy) with immediate effect: +---------+-------------------------------------------+---------------+------------------+-----------------+---------------------+ | ITC(HS) | Item description | Existing | Existing | Revised | Revised | | Code | | Import | Import Policy | Import Policy | Import Policy | | | | Policy | Condition | | Condition | +=========+===========================================+===============+==================+=================+=====================+ | 7106 | Silver (including | - | - | - | - | | | silver plated with gold or | | | | | | | platinum), unwrought or in | | | | | | | semi manufactured forms, or | | | | | | | in powder form. | | | | | +---------+-------------------------------------------+---------------+------------------+-----------------+---------------------+ | 710692 | Other : Semi- | - | - | - | - | | | manufactured | | | | | +---------+-------------------------------------------+---------------+------------------+-----------------+---------------------+ | 71069221| Bar: Containing | Free | Subject to | Restricted | Subject to | | | 99.9 percent or more by | | RBI | | Policy Condition | | | weight of silver | | Regulations. | | No. 7 of this | | | | | | | Chapter | +---------+-------------------------------------------+---------------+------------------+-----------------+---------------------+ | 71069229| Bar------Other | Free | Subject to | Restricted | Subject to | | | | | RBI | | Policy Condition | | | | | Regulations. | | No. 7 of this | | | | | | | Chapter | +---------+-------------------------------------------+---------------+------------------+-----------------+---------------------+ Effect of the Notification: The Import Policy of items covered under ITC HS Code 71069221 and 71069229 are revised from "Free" to "Restricted" subject to Policy Condition No. 7 of Chapter 71 of ITC (HS) 2022, Schedule - I (Import Policy) with immediate effect. This is issued with the approval of 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.