Insertion of SION notes below the SIONs M1 to M8

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-19052026-272706 EXTRAORDINARY PART I-Section 1 PUBLISHED BY AUTHORITY No. 138] NEW DELHI, FRIDAY, MAY 15, 2026/VAISAKHA 15, 1948 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 14th May, 2026 No. 11/2026-27 Subject: Insertion of SION notes below the SIONs M1 to M8- reg. F. No. 01/94/180/015/AM27/PC-4.— In exercise of the powers conferred under paragraph 1.03 & 2.04 of the Foreign Trade Policy 2023, as amended from time to time, the Director General of Foreign Trade hereby notifies the insertion of the following notes under Standard Input Output Norms (SIONs) M-1 to M-8 (Gems and Jewellerey Product Group), with immediate effect: Note 1. The Advance Authorisation (AA) for import of gold shall be issued, subject to a maximum permissible quantity limit of 100 kilograms. Note 2. In case of application for Advance Authorisation by a first time applicant, a mandatory physical inspection of the applicant's manufacturing facility shall be undertaken by the concerned regional authority to verify the existence, capacity and operational status of the manufacturing facility. Note 3. Any subsequent Advance Authorisation for the import of gold, shall be considered for issuance only upon fulfilment of at least 50% of the export obligation prescribed under the preceding Advance Authorisations for gold, thereby ensuring progressive compliance and monitoring. Note 4. The Advance Authorisation holder shall submit a fortnightly performance report to the concerned Regional Authority (RA), duly certified by an independent Charted Accountant certifying gold imports and exports undertaken under the authorisation, to facilitate effective oversight and compliance monitoring. Note 5. The concerned Regional Authority shall submit a monthly consolidated report to DGFT Headquarters containing details regarding the issuance of Advance Authorisations and corresponding import/export transactions of gold, to enable centralized monitoring and policy oversight. Effect of this Public Notice: 05 (Five) Notes are inserted under SIONS M-1 to M-8 of the Handbook of Procedures, 2023, prescribing conditions for the issuance and monitoring of Advance Authorisations for import of gold. LAV AGARWAL, Director General of Foreign Trade & ex-officio Addl. Secy.