Amendment in import policy condition of silver Covered under Chapter 71 of Schedule –I

Last updated: 12 October 2023

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The Directorate General of Foreign Trade has issued an amendment to the import policy for silver. This change specifically affects silver covered under HS codes 71069110 and 71069290 within Chapter 71 of the ITC (HS) 2022 Schedule. The amendment, effective from October 11, 2023, modifies the import policy conditions for these silver items. Full details are available in the attached notification.

MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 11th October, 2023
No. 35/2023

Subject : Amendment in import policy condition of silver Covered under Chapter 71 of Schedule –I (Import Policy) of ITC (HS), 2022.

S.O. 4423(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 conditions for silver under HS codes 71069110 and 71069290 of Chapter 71 of Schedule-1(Import Policy) of ITC HS, 2022 as under:

For full notification please refer to the attachment.

FAQ :

The notification concerns an amendment in the import policy condition of silver covered under Chapter 71 of Schedule-I (Import Policy) of ITC (HS), 2022.

The amendment affects silver under HS codes 71069110 and 71069290.

This amendment was issued on the 11th of October, 2023.

The amendment is made in exercise of powers conferred by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023.

For the full notification and complete details of the amendment, please refer to the attachment provided with the original notification.