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DGFT
DGFT Silver Import Authorization 2026 | New Rules for Silver Imports in India
Notification No. 19/2026-27
New Delhi, Dated: 02nd June, 2026
Subject:
Amendment in import policy condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule-I (Import Policy) – reg.
S.O. (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 condition of specific ITC HS Codes covered under Chapter 71 of ITC (HS), 2022, Schedule-I (Import Policy) with immediate effect:
|
ITC(HS) Code |
Item Description |
Import Policy |
Existing Import Policy Condition |
Revised Import Policy Condition |
|
7106 |
Silver (including silver plated with gold or platinum), unwrought or in semi manufactured forms, or in powder form. |
- |
- |
- |
|
71061000 |
Powder |
Restricted |
Import is allowed only through nominated agencies as notified by RBI (in case of banks) and DGFT (for other agencies). |
Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, shall be permitted only against a valid Import Authorisation issued by the DGFT. |
|
710691 |
Other – Unwrought |
- |
- |
- |
|
71069110 |
Grains |
Restricted |
Import is allowed only through nominated agencies as notified by RBI (in case of banks), and DGFT (for other agencies) and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX). Silver dore can be imported by refineries against a license with AU Condition. |
Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX) shall be permitted only against a valid Import Authorisation issued by the DGFT. Silver dore can be imported by refineries against a license with AU Condition. |
|
71069120 |
Containing 99.9 per cent or more by weight of silver |
Restricted |
Import is allowed only through nominated agencies as notified by RBI (in case of banks), DGFT (for other agencies), and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX). |
Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX) shall be permitted only against a valid Import Authorisation issued by the DGFT. |
|
71069190 |
Other |
Restricted |
Import is allowed only through nominated agencies as notified by RBI (in case of banks) and DGFT (for other agencies). Silver dore can be imported by refineries against a license with AU Condition. |
Imports through nominated agencies notified by the Reserve Bank of India, in the case of banks, and by the Directorate General of Foreign Trade, in the case of other agencies, shall be permitted only against a valid Import Authorisation issued by the DGFT. Silver dore can be imported by refineries against a license with AU Condition. |
Effect of the Notification
Import of items under the above mentioned ITC HS codes, through nominated agencies notified by the Reserve Bank of India, in the case of banks, by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX), wherever allowed, shall be permitted only against a valid Import Authorisation issued by the DGFT.
This is issued with the approval of the Minister of Commerce & Industry.
(Ajay Agrawal)
Director General of Foreign Trade &
Ex-officio Addl. Secretary to Govt. of India
Email: dgft@nic.in
(Issued from File No. 01/89/180/36/AM-11/PC-2[A]/Part-VI/E-34691)
