Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, has issued Notification No. 18/2025-26 dated 17th June 2025, to restrict import of alloys of Palladium, Rhodium, and Iridium containing more than 1% gold by weight.
This notification amends the import policy for specific items classified under Chapter 71 of the ITC (HS) 2022, which pertains to precious metals. The amendment, effective immediately, modifies the import status of various forms of Palladium, Rhodium, and Iridium. While the import of these metals in their unwrought, powder, or other forms remains “Free,” a new condition has been introduced. Specifically, the import of alloys of Palladium, Rhodium, or Iridium that contain more than 1% gold by weight is now “Restricted.” This change impacts ITC(HS) codes 71102100, 71102900, 71103100, 71103900, 71104100, and 71104900.
This measure expands upon the existing restriction on the import of Platinum (as per Notification No. 60/2024-25 dated 05.03.2025) to now include the entire Customs Tariff Heading (CTH) 7110 at the 4-digit level, thereby ensuring uniformity in the import policy governing precious metals and their alloys.
At the same time, the policy facilitates trade by allowing free import of alloys containing less than 1% gold, thereby ensuring continued availability of inputs for industrial and manufacturing sectors, including electronics, auto components, and specialised chemical industries, without disruption. This calibrated approach balances trade facilitation with the need for regulatory oversight.
Also Read: Corrigendum to Notification No. 18/2025-26 dated 17.06.2025
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan
Notification No. 18/2025-26 -DGFT | 17th June, 2025
Subject: Amendment in Import Policy of specific items covered under Chapter 71 of ITC (HS) 2022 of Schedule —I (Import Policy) -reg.
S.O. 2777(E).—In exercise of powers conferred by Section 3 read with Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, as amended from time to time, the Central Government hereby makes the following amendments under Chapter 71 of Schedule —I (Import Policy) of ITC (HS) 2022, with immediate effect.
2. The Import Policy of the following ITC(HS) codes is amended as under:
| ITC(HS) Code | Item Description | Existing Import Policy | Existing Import Policy Condition | Revised Import Policy Condition |
| 71102100 | – Palladium : –Free Unwrought or in powder form | However, import of Palladium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | ||
| 71102900 | – Palladium : — Other | Free | _ | However, import of Palladium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. |
| 71103100 | – Rhodium : — Unwrought or in powder form | Free | – | However, import of Rhodium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. |
| 71103900 | – Rhodium : –Free Other | _ | However, import of Rhodium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. | |
| 71104100 | – Iridium, osmium and ruthenium : — Unwrought or in powder form |
Free | – | However, import of Iridium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. |
| 71104900 | -Iridium, osmium and ruthenium : — Other | Free | _ | However, import of Iridium alloy consisting of gold more than 1 percent (1%) by weight is Restricted. |
Effect of the Notification:
The Import Policy of items covered under the ITC (HS) codes 71102100, 71102900, 71103100, 71103900, 71104100 and 71104900 is “Free”. However, import of Palladium, Rhodium and Iridium alloy consisting of gold more than 1 percent (1%) by weight is “Restricted”.
This is issued with the approval of Minister of Commerce & Industry.
(Ajay Bhadoo)
Director General of Foreign Trade &
Addl. Secretary to the Government of India
Email: dgft@nic.in
[Issued from File No. 01/89/180/93/AM-24/PC-2(A)/E-42179]
