**Policy Summary: Amendment to Import Policy for Specific ITC HS Codes under Chapter 71**
**Date:** June 11, 2024
**Issuing Authority:** Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India
**Subject:** Amendment in the import policy of specific ITC HS codes under Chapter 71 of Schedule I – Import Policy of ITC HS 2022.
**Notification Number:** 17/2024-25
**Authority:** Exercising powers conferred by Section 3 and Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended.
**Amendment:** The import policy for the following ITC HS codes under Chapter 71 is amended from "Free" to "Restricted" with immediate effect:
* 71131912: Of gold: Studded with pearls
* 71131913: Of gold: Studded with diamonds of heading 7102
* 71131914: Of gold: Studded with diamonds of heading 7104
* 71131915: Of gold: Studded with other precious and semiprecious stones
* 71131960: Parts
**Policy Condition:** Import under ITC HS codes 71131912, 71131913, 71131914 and 71131915 shall be permitted without restricted import Authorisation under a valid INDIA-UAE CEPA TRQ.
**Effect:** The import of items falling under the specified ITC HS codes now requires import authorization, except when imported under a valid INDIA-UAE CEPA TRQ.
**Contact:** Santosh Kumar Sarangi, Director General of Foreign Trade & Ex-officio Addl. Secretary to Govt. of India, Email: dgft@nic.in.
**File Number:** 01/89/180/36/AM11/PC2[AE1679]
Key Entities Referenced
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and commerce.
Directorate General of Foreign Trade: A department under the Ministry of Commerce and Industry, responsible for implementing the foreign trade policy of India.
New Delhi: The location of the Vanijya Bhawan, the office of the Directorate General of Foreign Trade (DGFT).
Foreign Trade Development Regulation Act, 1992: The act that confers powers to the Central Government to amend the import policy.
Foreign Trade Policy 2023: The prevailing foreign trade policy that is being amended.
ITC HS: Indian Trade Classification (Harmonised System), used for classifying goods in import and export.
INDIAUAE CEPA TRQ: India-United Arab Emirates Comprehensive Economic Partnership Agreement Tariff Rate Quota, allowing imports under specified conditions.
Santosh Kumar Sarangi: Director General of Foreign Trade and Ex-officio Additional Secretary to the Government of India.
To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (ii)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 17 _/2024-25
New Delhi, Dated: 11" June, 2024
Subject: Amendment in import policy of specific ITC (HS) codes under Chapter 71 of Schedule —
I(Import Policy) of ITC (HS) 2022.
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 and policy
condition of specific ITC HS codes under Chapter 71 of ITC (HS), 2022, Schedule — I (Import Policy),
with immediate effect, as under:
Existing Revised
eas Description Policy Import Import Policy Condition
‘ode : ‘
Policy Policy
71131912 |--- Of gold: ----Studded|Free Restricted However import under a valid|
with pearls INDIA-UAE CEPA TRQ shall
be permitted without restricted
import Authorisation.
71131913 --- Of gold: ----Studded|Free Restricted However import under a valid
with diamonds of heading! INDIA-UAE CEPA TRQ shall
7102 be permitted without restricted}
import Authorisation.
71131914. |--- Of gold: ----Studded|Free Restricted However import under a valid
with diamonds of heading} INDIA-UAE CEPA TRQ shall
7104 be permitted without restricted
import Authorisation.
71131915 |--- Of gold :----Studded|Free Restricted However import under a valid|
with other precious and| INDIA-UAE CEPA TRQ shall
semi-precious stones 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.
eeA!eat
\ oA
(Santosh Kumar Sarangi)
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]/E-1679)