MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE
New Delhi

NOTIFICATION No. 01/2015-2020 | Dated: 29th April, 2022

Subject : Amendment in import policy of ITC (HS) Codes 71123000, 71129100, 71129200, 71129910, 71129920, and 71129990 under Chapter 71 of Schedule – I (Import Policy) of ITC (HS), 2022.

S.O. 2031(E).—In exercise of powers conferred by Section 3 read with Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the import policy of ITC (HS) Codes under tariff head 7112 under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy), with immediate effect, as under:

ITC(HS) Item Description Existing Import
Policy
Revised Import
Policy
7112 30 00 Ash containing precious metal or precious metal compounds Free Restricted
7112 91 00 -Other:–Of gold,     including metal  clad with gold but excluding sweepings containing other precious metals Free Restricted
7112 92 00 -Other:–Of platinum, including metal clad with platinum but excluding sweepings containing other precious metals Free Restricted
7112 99 10 –Other:—Of silver, including metal clad with silver but excluding sweepings containing other precious metals Free Restricted
7112 99 20 –Other:—Sweepings containing gold or silver Free Restricted
7112 99 90 –Other:— Other Free Restricted

Effect of the Notification: Import policy of ITC (HS) Codes 7112 30 00, 7112 91 00, 7112 92 00, 7112 99 10, 7112 99 20 and 7112 99 90 has been revised from ‘Free’ to ‘Restricted’ with immediate effect.

This issues with the approval of Minister of Commerce & Industry.

[F. No. 01/89/180/36/AM-11/PC-2(A)/ E-1678]

SANTOSH KUMAR SARANGI, Director General of Foreign Trade
& Ex- officio Addl. Secy.

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