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Last Updated: Jul 13, 2023
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10:42AM

Government imposes restrictions on imports of certain gold jewellery and articles

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The government has imposed restrictions on imports of certain gold jewellery and articles. In a notification, the directorate general of foreign trade (DGFT) amended the import policy for unstudded jewellery made of gold, and other articles made of gold to “restricted” from “free”. Restrictions mean that a license will be required from the government to import these goods though no such permission is required for imports under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) tariff rate quota ((TRQ). However, import under a valid India-UAE CEPA TRQ will be permitted freely without any import license, the DGFT said. 

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