DGFT issued an amendment regarding in import

Jul 12, 2023 | by TeamLease RegTech Legal Research Team

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Commercial Compliance The Directorate General of Foreign Trade (DGFT) on July 12, 2023, issued a notification regarding an amendment in import policy and policy condition of Gold Covered under HS code 71131911, 71131919 & 71141910 of Chapter 71 of Schedule -I (Import Policy) of ITC (HS) 2022.

The Import Policy of ITC (HS) codes 71131911, 71131919 and 71141910 has been amended from "Free" to "Restricted" with immediate effect, however, import under HS code 71131911 shall be permitted freely without any import license under a valid India-UAE CEPA TRQ

[Notification No. 19/2023]

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