The Directorate General of Foreign Trade issued Notification No. 58/2025-26 dated 05 February 2026 amending the import policy for ITC (HS) Code 71141920, covering articles of platinum under Chapter 71 of ITC (HS) 2022. Exercising powers under the Foreign Trade (Development & Regulation) Act, 1992 and the Foreign Trade Policy, 2023, the Central Government revised the import status of platinum articles from “Free” to “Restricted” with immediate effect. A new Policy Condition No. 6 has been introduced, under which imports of platinum articles remain restricted, except for specified categories. These permitted categories include re-import of Indian origin goods taken abroad for exhibitions or export promotion tours, re-import of Indian origin goods that are rejected, returned, or remain unsold, and re-import of Indian origin goods intended for repair. The notification clarifies that all other imports of platinum articles under the specified ITC (HS) code will now require compliance with the restricted import framework.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 58/2025-26-DGFT | Dated: 05 February, 2026
Subject: Amendment in import policy of ITC (HS) code 71141920 covered under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy) – Reg.
S.O.(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 of ITC (HS) code 71141920 covered under Chapter 71 of ITC (HS) 2022, Schedule – I (Import Policy) with immediate effect :
I. Policy Condition No. 6 of Chapter 71 is introduced as under:
The import of Platinum Articles is ‘Restricted’. However, the following categories of Import of Platinum Articles shall be ‘Free.’
a) Re-import of Indian origin goods that have been carried for overseas exhibitions or export promotion tours.
b) Re-import of Indian origin goods that are rejected/returned/unsold.
c) Re-import of Indian origin goods intended for repair.
2. The import Policy of the ITCHS Code 71141920 is amended as under:
| ITC(HS) Code | Item description | Existing Import Policy | Existing Policy Condition | Revised Import Policy | Revised Policy Condition |
| 7114 | Articles of goldsmiths or silversmiths wares and parts thereof, of precious metal or of metal clad with precious metal. | – | – | – | – |
| 711419 | – Of precious metal whether or not plated or clad with precious metal : — Of other precious metal, whether or not plated or clad with precious metal | – | _ | – | _ |
| 71141920 | — Articles of platinum | Free | Restricted | Subject to Policy Condition No. 6 of this Chapter |
Effect of the Notification: The Import Policy of items covered under ITC HS Code 71141920 is revised from “Free” to “Restricted”, subject to Policy Condition No. 6 of Chapter 71, with immediate effect.
This is issued with the approval of the Minister of Commerce & Industry.
(Lay Agarwal)
Director General of Foreign Trade &
Ex-officio Addl. Secretary to Govt. of India
Email: dgft@nic.in
(Issued from File No. 01/89/180/93/AM-24/PC-2(A)/E-42179)
