Amendment in import policy of specific ITC (HS) codes under Chapter 71 of Schedule –I (Import Policy) of ITC (HS) 2022 – NOTIFICATION No. 17 /2024-25
S. O. 2232(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 and policy condition of specific ITC HS codes under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy), with immediate effect, as under:
| ITC(HS) Code | Description Policy | Existing Import Policy | Revised Import Policy | Policy Condition |
| 71131912 | — Of gold: —-Studded with pearls | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. |
| 71131913 | — Of gold: —-Studded with diamonds of heading 7102 | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. |
| 71131914 | — Of gold: —-Studded with diamonds of heading 7104 | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. |
| 71131915 | — Of gold :—-Studded with other precious and semi- precious stones | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. |
| 71131960 | — Parts | Free | Restricted |
Effect of the Notification: The Import Policy of ITC (HS) code 71131912, 71131913, 71131914, 71131915, 71131960 has been amended from “Free” to “Restricted” with immediate effect. However import under ITC (HS) codes 71131912, 71131913, 71131914 and 71131915 shall be permitted without restricted import Authorisation under a valid INDIA-UAE CEPA TRQ.
This is issued with the approval of Minister of Commerce & Industry.
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