| Date: |
27-10-1997
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| Notification No: |
DGFT Public Notice No 51/1997
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| Issuing Authority: |
DGFT
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| Type: |
Public Notice
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| File No: |
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| Subject: |
Import of gold and silver under Notification No.80/ 97 – Customs dated 21st October 1997
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Import of gold and silver under Notification No.80/ 97 � Customs dated 21st October 1997
Public Notice No. 51 dated 27th October 1997
Attention is Invited to Public Notice No. 214/ (PN)/ 92-97 dated 1st June, 1994 vide which impor1 of gold and silver was allowed without licence, by Reserve Bank of India or any other agency to be designated by the Ministry of Finance (Deptt. of Economic Affairs). In exercise of the powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997 -2002 read with col.4 of the ITC (HS) Classification in Chapter71, the Director General of Foreign Trade hereby notifies that these designated agencies as mentioned in the Notification 80/ 97 referred above may import gold and silver for sale in the domestic mark-et also without a licence or Without surrender of SIL in respect of following entries of ITC (HS) Classifications of Export and Import Items, 1997-2002:
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EXIM Code
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Item Description
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Silver:
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71061000
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Powder
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71069100
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Unwrought
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71069201
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Sheets plates strips tubes and pipes of silver
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71069209
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All other semi-manufactured form of silver
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Gold:
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71081100
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Powder
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71081200
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Other unwrought forms
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71081300
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Other semi-manufactured forms
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2. However Policy indicated against the above mentioned entries of ITC (HS) Classification shall remain in force for direct imports by importers other than the above designated agencies.
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