**Executive Summary**
This notification, issued by the Ministry of Commerce and Industry, amends the import policy for ITC (HS) code 71141920, concerning platinum articles, under Chapter 71 of the ITC (HS), 2022, Schedule - I (Import Policy). Effective immediately, it changes the import status of platinum articles from "Free" to "Restricted," subject to Policy Condition No. 6 of Chapter 71. This notification is issued on February 5, 2026.
**Key Points / Main Content**
* **Amendment of Import Policy:** The import policy for ITC (HS) code 71141920 (platinum articles) is amended.
* **Policy Condition No. 6:** Chapter 71 will include Policy Condition No. 6:
* **Restricted Import:** The import of platinum articles is now "Restricted."
* **Exceptions (Free Import):** The following categories of platinum article imports remain "Free":
* Re-import of Indian origin goods for overseas exhibitions or export promotion tours.
* Re-import of rejected, returned, or unsold Indian origin goods.
* Re-import of Indian origin goods for repair.
* **Revised ITC (HS) Code 71141920 Policy:** ITC (HS) Code 71141920 will be revised from free to restricted.
**Impact Analysis**
**Stakeholders Impacted:**
* **Importers of Platinum Articles**
* **Impact:** Subject to new restrictions on importing platinum articles, requiring adherence to Policy Condition No. 6 of Chapter 71.
* **Action Required:** Ensure compliance with the "Restricted" import policy for platinum articles, except for the specified categories (re-import for exhibitions, returns, repairs) where imports remain "Free."
* **Exporters of Platinum Articles**
* **Impact:** May benefit from certain categories of platinum articles being exempt from the changes to the import policy.
* **Action Required:** No direct action required.
Key Entities Referenced
ITC (HS), 2022, Schedule - I (Import Policy): The Indian Trade Classification (Harmonized System) of Coding, 2022, Schedule - I (Import Policy), which is being amended by this notification.
Chapter 71 of ITC (HS): The chapter of the ITC (HS) that includes the item whose import policy is being amended.
71141920: ITC (HS) code for articles of platinum. The import policy for this specific code is being amended.
Foreign Trade (Development & Regulation) Act, 1992: The enabling act that allows the government to make changes to trade policies.
Directorate General of Foreign Trade: The department within the Ministry of Commerce and Industry responsible for implementing trade policy and issuing notifications.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-07022026-269873
CG-DxLx-xEG-I0D7H0x2x2x0 26-269873
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 547] िई ददल्ली, बहृ स्ट्प जतवार, फरवरी 5, 2026/माघ 16, 1947 26/पौष 17, 1947
No. 547] NEW DELHI, THURSDAY, FEBRUARY 5, 2026/MAGHA 16, 1947 /PAUSHA 17, 1947
वाजणज्य एव ं उद्योग मत्रं ालय
(वाजणज्य जवभाग)
(जवदेि व्यापार महाजिदेिालय)
अजधसचू िा
िई ददल्ली, 5 फरवरी, 2026
स.ं 58 / 2025-26
जवषयः आइटीसी ) एचएस( , 2022, अिसु चू ी-I कोड )एचएस( के अतं गतग िाजमल आइटीसी 71 के अध्याय )आयात िीजत(
की आयात िीजत म ेंसिं ोधि के सबं धं म।ें 71141920
का.आ. 577(अ).—समय समय पर यथा संिोजधत-जवदेि व्यापार िीजत ,2023 के पैरा 1.2 और 02.के साथ 01
,अजधजियम )जवकास एवं जवजिमयि( पठित जवदेि व्यापार1992 की धारा के तहत प्रदत्त िजियों का 5 और धारा 3
)एचएस( केन्द्र सरकार एतद्द्वारा आइटीसी ,प्रयोग करते हुए2022-अिुसूची ,Iके अतं गतग 71 के अध्याय )आयात िीजत(
की आयात िीजत में तत्काल प्रभाव स ेसंिोधि करती ह ै 71141920 कोड )एचएस( िाजमल आइटीसी
1. अध्याय .की आयात िीजतगत ित ग सं 716 को जिम्नािुसार समाजवष्ट दकया गया हःै
प्लैठटिम के सामाि का आयात प्लैठटिम सामाि ,ह।ै तथाजप ’प्रजतबंजधत‘ के आयात की जिम्नजलजखत श्रेजणया ं ’मुि‘
होंगी।
(क) जवदेिों में प्रदिगिी या जियागत संवधगि यात्राओं के जलए ले िाई गई भारतीय मलू की वस्ट्तुओं का पुिः आयात ’मुि‘
होगा।
839 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
(ख) अस्ट्वीकृतजबिा जबके हुए भारतीय मलू की वस्ट्तुओं का पुिः आयात।/वापस दकए हुए/
(ग) मरम्मत के आिय से भारतीय मूल की वस्ट्तुओं का पिु ः आयात।
2. आइटीसी एचएस कोड की आयात िीजत को जिम्नािुसार संिोजधत दकया िाता हःै 71141920
आइटीसी मद जववरण मौिदू ा मौिदू ा िीजतगत सिं ोजधत आयात सिं ोजधत
कोड )एचएस( आयात िीजत ित ग िीजत िीजतगत ित ग
7114 गोल्ड जस्ट्मथ या
जसल्वरजस्ट्मथ के
कीमती धात ु के
सामाि और उिके
टुकडे अथवा
कीमती धात ु स े - - - -
आच्छाददत धात ु
711419 ,कीमती धात ु -
चाह े कीमती धातु
से आच्छाददत
अथवा कीमती धात ु
:चढे हुए हों या िही
अन्द्य कीमती --
चाह े कीमती ,धातु
धातु से आच्छाददत
अथवा कीमती धात ु - - - -
चढे हुए हों या िहीं।
71141920 प्लैठटिम के --- मुि प्रजतबंजधत इस अध्याय की
सामाि िीजतगत ित ग स ं .
6 के अधीि
अजधसचू िा का प्रभाव के अंतगतग िाजमल मदों की आयात िीजत को तत्काल प्रभाव से 71141920 आइटीसी एचएस कोड :
“मुि” से संिोजधत कर “प्रजतबंजधत” दकया गया ह ैिो अध्याय .की िीजतगत ितग स ं 716 के अधीि ह।ै
इसे वाजणज्य एवं उद्योग मंत्री के अिुमोदि से िारी दकया िाता ह।ै
[फा. सं. 01/89/180/93/एएम-24-पीसी/2 -ई/)ए(42179]
लव अग्रवाल, महाजिदिे क जवदिे व्यापार एवं पदेि अपर सजचव
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 5th February, 2026
No. 58 / 2025-26
Subject: Amendment in import policy of ITC (HS) code 71141920 covered under Chapter 71 of ITC (HS), 2022,
Schedule - I (Import Policy) - Reg.
S.O. 577(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 ITC (HS) code 71141920 covered under Chapter 71
of ITC (HS) 2022, Schedule - I (Import Policy) with immediate effect :[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
1. Policy Condition No. 6 of Chapter 71 is introduced as under:
The import of Platinum Articles is 'Restricted'. However, the following categories of Import of Platinum Articles
shall be 'Free.'
a) Re-import of Indian origin goods that have been carried for overseas exhibitions or export promotion tours.
b) Re-import of Indian origin goods that are rejected/returned/unsold.
c) Re-import of Indian origin goods intended for repair.
2. The import Policy of the ITCHS Code 71141920 is amended as under:
ITC(HS) Item description Existing Existing Revised
Revised Policy
Code Import Policy Import Policy
Condition
Policy Condition
7114 Articles of goldsmiths or
silversmiths wares and parts
- -
thereof, of precious metal or of
metal clad with precious metal. - -
711419 - Of precious metal whether or not
plated or clad with precious
metal : -- Of other precious metal, - -
whether or not plated or clad with
precious metal - -
71141920 --- Articles of platinum Free Restricted Subject to Policy
Condition No. 6
of this Chapter
Effect of the Notification: The Import Policy of items covered under ITC HS Code 71141920 is revised from "Free"
to "Restricted", subject to Policy Condition No. 6 of Chapter 71, with immediate effect.
This is issued with the approval of the Minister of Commerce & Industry.
[F. No. 01/89/180/93/AM-24/PC-2(A)/E-42179)]
LAV AGARWAL, Director General of Foreign Trade & Ex-officio Addl. Secy.
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and Published by the Controller of Publications, Delhi-110054.