Amendment in import policy of specific ITC (HS) codes under Chapter 71 of Schedule – I (Import Policy) of ITC (HS) 2022 - 17/2024-25 - Foreign Trade Policy

Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 1 7 /2024-25 New Delhi, Dated: 11 th June, 2024 Subject: Amendment in import policy of specific ITC (HS) codes under Chapter 71 of Schedule I (Import Policy) of ITC (HS) 2022. S.O. 2332 (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 and policy condition of specific ITC HS codes under Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy) , with immediate effect, as under: ITC(HS) Code Description Policy Existing Import Policy Revised Import Policy Policy Condition 71 131912 --- Of gold: ----Studded with pearls Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. 71131913 --- Of gold: ----Studded with diamonds of heading 7102 Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. 71131914 --- Of gold: ----Studded with diamonds of heading 7104 Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. 71 131915 --- Of gold: ----Studded with other precious and semi-precious stones Free Restricted However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. 71 131960 --- Parts Free Restricted Effect of the Notification: The Import Policy of ITC (HS) code 71131912 , 71131913 , 71131914 , 71131915 , 71131960 has been amended from Free to Restricted with immediate effect. However import under ITC (HS) codes 71131912, 71131913, 71131914 and 71131915 shall be permitted without restricted import Authorisation under a valid INDIA-UAE CEPA TRQ. This is issued with the approval of Minister of Commerce Industry. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India E-mail: [email protected] (Issued from File No. 01/89/180/36/AM-11/PC-2[A]/E-1679)