|
Government of India
Ministry of Commerce & Industry
Department of
Commerce
Directorate General of Foreign Trade
Notification No.
25/2015-2020
New Delhi, Dated: 25th August, 2017
Subject: Amendment in import policy of gold and silver under Chapter 71 of
the ITC(HS) 2017, Schedule- I (Import Policy).
S.O. (E): In exercise of powers conferred by Section 3 (2) of the FT(D&R)Act,
1992 as amended from time to time, read with paragraph 1.02 and 2.01 of the
Foreign Trade Policy, 2015-2020, the Central Government hereby inserts Policy
Condition No. 4 under Chapter 71 of the ITC(HS) 2017, Schedule- I (Import
Policy) to read as under:-
“Imports from South Korea of articles of jewellery and parts thereof, of
precious metal or of metal clad with precious metal under Exim code 7113;
articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious
metal or of metal clad with precious metal under Exim code 7114; other articles
of precious metal or of metal clad with precious metal under Exim code 7115; and
coins under Exim code 7118 are Restricted.”
2. The facility/protection under para 1.05 of FTP shall not be available for
import of the above items from the date of restriction.
3. Effect of this Notification: Policy Condition No. 4 restricting
imports of gold and silver under Exim Codes 7113, 7114, 7115 and 7118 from South
Korea is inserted in Chapter 71 of ITC(HS) 2017 .
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
E-mail:
[email protected]
[Issued from F.No. 01/89/180/36/AM-11/PC-2(A)]
|