Follow Us:

The Government of India, through the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce & Industry, issued Notification No. 34/2025-26-DGFT on September 24, 2025. This notification immediately amends the import policy for specific ITC (HS) codes under Chapter 71 of the ITC (HS) 2022 Schedule-I (Import Policy), effective until March 31, 2026. The affected codes are 71131141 and 71131149, which cover articles of jewellery and parts thereof, of silver (whether or not plated or clad with other precious metal), specifically Unstudded Other Jewellery and Other Jewellery. The existing import policy for these items, which was “Free,” has been revised to “Restricted.” This change signifies that the import of these silver jewellery items is no longer freely permitted and will now require specific authorization or licensing, reflecting a regulatory shift in the trade of these particular goods.

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi

Notification No. 34/2025-26- DGFT | Dated: 24 September, 2025

Subject: Amendment in import policy of specific ITC (HS) codes under Chapter 71 of Schedule-I(Import Policy) of ITC (HS) 2022.

S.O. 4374(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 specific ITC HS codes under Chapter 71 of ITC (HS), 2022, Schedule — I (Import Policy), with immediate effect, till 31.03.2026, as under:

ITC(HS) Code Description Policy Existing Import Policy Revised Import Policy
7113 Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal.
711311 – Of precious metal, whether or not plated or clad with precious metal : — Of silver, whether or not plated or clad with other precious metal
71131141 — Other Jewellery: —- Unstudded Free Restricted
71131149 — Other Jewellery: —-Other Free Restricted

Effect of the Notification: The Import Policy of ITC (HS) code 71131141 and 71131149 has been amended from “Free” to “Restricted” with immediate effect, till 31.03.2026.

This is issued with the approval of the Minister of Commerce & Industry.

(Ajay Bhadoo)
Addl. Secretary to the Government of India &
Director General of Foreign Trade
Email: dgft@nic.in

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Ads Free tax News and Updates
Search Post by Date
February 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
232425262728