**Policy Summary:**
This Policy Circular No. 05/2024-25, issued by the Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry of Commerce and Industry, Government of India, dated June 13, 2024, clarifies the import policy regarding the reimport of unsold jewellery. The circular addresses concerns raised by trade and industry following the amendment of the import policy for ITC HS Codes 71131912, 71131913, 71131914, 71131915, and 71131960 from "Free" to "Restricted" via Notification No. 17/2024-25 dated June 11, 2024.
The clarification states that the reimport of unsold jewellery, initially exported for exhibition abroad under Para 4.79 and 4.92 of the Handbook of Procedures, 2023, and falling under ITC HS codes 71131912, 71131913, 71131914 and 71131915, will be permitted by customs authorities without the requirement of import licenses, provided all applicable customs provisions are met.
For further information, Jai Pal, Joint Director General of Foreign Trade, can be contacted via email at jai.pal84nic.in. The circular is issued from F.No.018/91/8036/AM11/PC2[A]E1679.
Key Entities Referenced
Directorate General of Foreign Trade: An agency of the Ministry of Commerce and Industry, Government of India responsible for implementing the foreign trade policy.
New Delhi: The location of the Vanijya Bhawan, the office of the Directorate General of Foreign Trade (DGFT).
Handbook of Procedure, 2023: A document providing detailed procedures related to India's foreign trade policy.
ITC HS Codes 71131912, 71131913, 71131914, 71131915 and 71131960: Harmonized System codes used to classify specific types of jewellery for import and export purposes.
Customs Authorities: The agencies responsible for enforcing import and export regulations at ports and borders.
Notification no. 17202425 dated 11.06.2024: A specific notification that amended the import policy of items under specified ITC HS Codes from Free to Restricted category.
Para 4.79 4.92 of the Handbook of procedure, 2023: Specific paragraphs within the Handbook of Procedure, 2023 that relate to the export and reimport of jewellery.
Ministry of Commerce and Industry: A ministry of the Government of India.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
_ Vanijya Bhawan, New Delhi
Dated: 13" June, 2024
Policy Circular No. 05 /2024-25
To,
1. All Customs Authorities
2. All RAs of DGFT
2. All Members of the Trade & Industry
Subject: Clarification regarding subsequent re-import of unsold jewellery,
exported under Para 4.79 & 4.92 of the Handbook of procedure, 2023.
Import Policy of items under ITC (HS) Codes 71131912, 71131913, 71131914,
71131915 and 71131960 has been amended from “Free” to “Restricted” category vide
Notification no. 17/2024-25 dated 11.06.2024. Subsequently, this directorate has
received representations from trade and industry seeking clarification regarding
applicability of above import restriction on subsequent re-import of items exported under
para 4.79 & 4.92 of the Handbook of procedures, 2023.
2. It is clarified that re-import of unsold jewellery exported for the purpose of
exhibition abroad in terms of above paras under ITC (HS) codes 71131912, 71131913,
71131914 and 71131915 may be allowed clearance by custom authorities without
import licenses in compliance with applicable customs provisions.
This is issued with the approval of DGFT.
, ie Pal)
Joint Director General of Foreign Trade
E-mail: jai.pal84@nic.in
(Issued from F.No.01/89/180/36/AM-1 1/PC-2[A]/E-1679)