Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»DGFT Amends Import Policy for Precious Metal Alloys
    Precious Metal

    DGFT Amends Import Policy for Precious Metal Alloys

    June 26, 20253 Mins Read


    Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, Government of India, issued a corrigendum on June 25, 2025, amending Notification No. 18/2025-26 dated June 17, 2025. The amendment relates to the import policy conditions for specific items classified under Chapter 71 of the ITC (HS) 2022, Schedule I. The revised policy specifically clarifies and expands the restriction criteria for the import of iridium, osmium, and ruthenium alloys that contain more than 1% gold by weight. Previously, the restriction applied only to iridium-gold alloys. The updated policy now uniformly restricts imports of iridium, osmium, and ruthenium alloys containing over 1% gold by weight, under both ITC (HS) codes 71104100 and 71104900. The notification is issued under the powers granted by the Foreign Trade (Development & Regulation) Act, 1992, and relevant provisions of the Foreign Trade Policy 2023. This move aims to streamline and ensure uniformity in import controls for precious metal alloys.

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

    Notification No. 18/2025-26-DGFT | Dated: 25th June, 2025

    Subject: Corrigendum to Notification No. 18/2025-26 dated 17.06.2025 on amendment in Import Policy of specific items covered under Chapter 71 of ITC (HS) 2022 of Schedule —I (Import Policy) -reg.

    S.O. 2863(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 Director General of Foreign Trade hereby makes the following amendments in Notification No. 18/2025-26 dated 17.06.2025.

    2. The Import Policy Condition of the following ITC (HS) codes is amended as under (changes made are in bold letters):

    ITC(HS) Code Item Description Existing Import Policy Condition Revised Import Policy Condition
    71104100 – Iridium, osmium and ruthenium : –Iridium Unwrought or in
    powder form
    However, import of alloy consisting of gold more than 1 percent (1%)consisting by weight is Restricted. However, import of Iridium alloy, osmium alloy and ruthenium alloy of gold more than 1
    percent (1%) by weight is Restricted.
    71104900 – Iridium, osmium and ruthenium : — Other However, import of Iridium alloy consisting of gold more than 1 percent (1%)consisting by weight is Restricted. However, import of Iridium alloy, osmium alloy and ruthenium alloy of gold more than 1
    percent (1%) by weight is Restricted.

    (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]



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Gold and silver under scrutiny as index changes spark wave of bullion sales – Financial Times

    Precious Metal

    Surge Copper completes 2025 programme advancing Berg project toward prefeasibility

    Precious Metal

    Motilal Oswal explains why gold and silver may stay firm in 2026

    Precious Metal

    Gold (XAUUSD) & Silver Price Forecast: Triangle Setups Hold as Markets Eye NFP Risk

    Precious Metal

    Gold, silver prices cool in India: Why experts see this as a pause, not a reversal

    Precious Metal

    China’s industrial buyers shun copper after prices hit record

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    Race intensifies: Cherat Cement, Shirazi Investments move to acquire majority stake in ACPL – Business & Finance

    Commodities

    Crypto Market Structure Bill Nears Release as Senate Committees Align

    Gnosis Launches Circles 2.0: A Trust-Based Digital Currency Where Users Issue Their Own Tokens Over Time

    Editors Picks

    Small Cap Stocks: MAG Silver (MAG) Offers Investors Sparkling Prospects

    August 18, 2024

    ‘There’s no guarantee that food won’t become a weapon tomorrow’

    February 23, 2025

    Judge Gordon Vincent announces retirement

    October 24, 2024

    What It Means to Be a FinTech Circa 2024

    August 26, 2024
    What's Hot

    US’ fusion energy goal can be achieved soon with new fuel recycling

    August 26, 2024

    Food commodities to be distributed in Hays March 25

    March 19, 2025

    Utilities expected to rise 9% | News

    August 23, 2024
    Our Picks

    U.S. Cryptocurrency Regulation Shifts with Political Sentiment

    August 6, 2024

    Baron FinTech Fund Q2 2024 Shareholder Letter

    August 16, 2024

    Bill introduced by U.S. House to award ‘Miracle on Ice’ team with Congressional Gold Medal

    October 8, 2024
    Weekly Top

    Fiserv Taps Microsoft for AI-Fueled Fintech Innovation

    January 9, 2026

    7 sun-powered innovations leading the next-gen energy shift

    January 9, 2026

    Bitcoin and Blockchain Technology: A Global Revolution

    January 9, 2026
    Editor's Pick

    Chris Koney’s column: Protecting farmers, powering growth: Why Insurtech is crucial for agricultural future

    May 24, 2025

    MIT graduates, accused of $25 million cryptocurrency fraud, blame it on ‘lack of government regulations’

    October 14, 2025

    A Mega Bullish Run Coming?

    January 4, 2026
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.