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Core Purpose

This Notification amends the import policy for specific ITC (HS) codes 71131141 and 71131149 under Chapter 71 of Schedule-I (Import Policy) of ITC (HS) 2022 from "Free" to "Restricted" until March 31, 2026.

Detailed Summary

The Ministry of Commerce and Industry (Department of Commerce), Directorate General of Foreign Trade, issued Notification No. 34/2025-26, S.O. 4374(E) on September 24, 2025. In exercise of 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, the Central Government has amended the import policy for specific ITC (HS) codes under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy). Specifically, the import policy for ITC (HS) codes 71131141 ("Other Jewellery: ----Unstudded") and 71131149 ("Other Jewellery: ----Other"), which fall under 'Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal,' has been changed from "Free" to "Restricted." This amendment is effective immediately and will remain in force till March 31, 2026, and 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-30092025-266548 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY NEW DELHI, THURSDAY, SEPTEMBER 25, 2025/ASVINA 3, 1947 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) NOTIFICATION New Delhi, the 24th September, 2025 No. 34/2025-26 Subject: Amendment in import policy of specific ITC (HS) codes under Chapter 71 of Schedule- I(Import Policy) of ITC (HS) 2022. S.O. 4374(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 specific ITC HS codes under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy), with immediate effect, till 31.03.2026, as under: +------------+-----------------------------------------------------------------------------------------------------------------------+------------------------+---------------------+ | ITC(HS) | Description Policy | Existing Import Policy | Revised Import Policy | | Code | | | | +------------+-----------------------------------------------------------------------------------------------------------------------+------------------------+---------------------+ | 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 | | | +------------+-----------------------------------------------------------------------------------------------------------------------+------------------------+---------------------+ | 71131141 | --- Other Jewellery: ----Unstudded | Free | Restricted | +------------+-----------------------------------------------------------------------------------------------------------------------+------------------------+---------------------+ | 71131149 | --- Other Jewellery: ----Other | Free | Restricted | +------------+-----------------------------------------------------------------------------------------------------------------------+------------------------+---------------------+ Effect of the Notification: The Import Policy of ITC (HS) code 71131141 and 71131149 has been amended from "Free" to "Restricted" with immediate effect, till 31.03.2026. 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] AJAY BHADOO, Addl. Secy. & Director General of Foreign Trade 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. GORAKHA Digitally signed by GORAKHA NATH YADAVA NATH YADAVA Date: 2025.09.30 16:41:39 +05'30'

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