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Core Purpose

The Central Government amends the Import Policy for ITC HS 71131921, specifically unstudded platinum jewellery, from "Free" to "Restricted" under the ITC (HS) 2022, Schedule –I (Import Policy).

Detailed Summary

The Directorate General of Foreign Trade, operating under the Ministry of Commerce and Industry (Department of Commerce), issued Notification No. 48/2025-26 on November 17, 2025 (S.O. 5248 (E)), to revise the Import Policy for ITC HS 71131921. Exercising powers conferred by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, and in conjunction with paragraphs 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, the Central Government has amended the import status for specific items. The import policy for "unstudded" platinum items, classified under ITC HS 71131921 within Chapter 71 of ITC (HS) 2022, Schedule –I (Import Policy), has been changed from "Free" to "Restricted." This change is effective immediately and will remain in force until April 30, 2026. The notification was issued with the approval of the Minister of Commerce & Industry and signed by Ajay Bhadoo, Director General of Foreign Trade & Addl. Secy.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-20112025-267852 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 5078] NEW DELHI, TUESDAY, NOVEMBER 18, 2025/KARTIKA 27, 1947 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 17th November, 2025 No. 48/2025-26 Subject: Amendment in Import Policy of ITC HS 71131921 covered under Chapter 71of ITC (HS) 2022, Schedule –I (Import Policy) -reg. S.O. 5248 (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 Foreign Trade Policy (FTP) 2023, as amended from time to time, the Central Government hereby amends the Import Policy of ITC HS 71131921 covered under Chapter 71of ITC (HS) 2022, Schedule –I (Import Policy), with immediate effect till 30.04.2026 as under. +--------------+-----------------------------------------------------------------------------------------------------+------------------------+-----------------------+ | ITC(HS) Code | Item Description | Existing Import Policy | Revised Import Policy | +--------------+-----------------------------------------------------------------------------------------------------+------------------------+-----------------------+ | 7113 | Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metals | | | | 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 metal | | | | 71131921 | ---Of platinum :----Unstudded | Free | Restricted | +--------------+-----------------------------------------------------------------------------------------------------+------------------------+-----------------------+ Effect of the Notification: The Import Policy of ITC HS 71131921 covered under Chapter 71of ITC (HS) 2022, Schedule -I (Import Policy) is revised from “Free” to “Restricted”, with immediate effect till 30.04.2026. This is issued with the approval of Minister of Commerce & Industry. [ F. No. 01/89/180/93/AM-24/PC-2(A)/E-42179] AJAY BHADOO, Director General of Foreign Trade & 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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