Home India Ministry of Commerce and Industry Insertion of SION notes below the SIONs M1 to M8...
Date: 2026-05-15 Category: Extra Ordinary State: Union Government Country: India

Insertion of SION notes below the SIONs M1 to M8

Issued by Ministry of Commerce and Industry · Directorate General of Foreign Trade

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Executive Summary & Key Takeaways

**Executive Summary** The Directorate General of Foreign Trade issued Public Notice No. 11/2026-27 on May 14, 2026, to insert five restrictive notes under Standard Input Output Norms (SION) M-1 to M-8 for the Gems and Jewelry Product Group. These provisions establish a 100kg limit on gold imports under Advance Authorisation, mandate physical inspections for new applicants, and implement strict fortnightly reporting. These changes take immediate effect to enhance compliance monitoring and oversight of gold import-export transactions. **Key Points / Main Content** **Import Limits and Issuance Criteria** * Advance Authorisation (AA) for gold imports is restricted to a maximum permissible quantity of 100 kilograms. * Issuance of any subsequent AA for gold is conditional upon the applicant fulfilling at least 50% of the export obligations from their preceding gold-related authorization. **Verification for New Applicants** * A mandatory physical inspection by the concerned Regional Authority (RA) is required for all first-time applicants of an Advance Authorisation. * The inspection is conducted to verify the existence, production capacity, and operational status of the applicant's manufacturing facility. **Reporting and Oversight Requirements** * AA holders must submit a fortnightly performance report to the Regional Authority detailing gold imports and exports. * All fortnightly reports must be certified by an independent Chartered Accountant to ensure data accuracy. * Regional Authorities are required to submit monthly consolidated reports to DGFT Headquarters to enable centralized monitoring and policy oversight. **Impact Analysis** **Gold Importers and Advance Authorisation (AA) Holders** **Impact** They are subject to a 100kg quantity cap on gold imports and stricter eligibility for repeat authorizations based on a 50% export performance threshold. They also face increased administrative requirements through regular reporting. **Action Required** Holders must submit certified fortnightly performance reports to the Regional Authority. First-time applicants must facilitate and pass a physical inspection of their manufacturing facilities. **Regional Authorities (RA)** **Impact** RAs are granted increased oversight responsibilities, including the mandatory verification of new manufacturing facilities and the management of high-frequency performance data. **Action Required** Conduct physical inspections for first-time applicants and submit monthly consolidated reports to DGFT Headquarters regarding gold transactions and authorizations issued. **Independent Chartered Accountants** **Impact** They are integrated into the compliance framework as the verifying authority for trade data under this notice. **Action Required** Certify the fortnightly performance reports of AA holders, specifically verifying the gold imports and exports undertaken under the authorization.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-19052026-272706 xxxGIDHxxx CG-DL-E-19052026-272706 xxxGIDExxx असाधारण EXTRAORDINARY भाग I—खण्ड 1 PART I—Section 1 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 138] िई ददल्ली, िुक्रवार, मई 15, 2026/विै ाख 25, 1948 No. 138] NEW DELHI, FRIDAY, MAY 15, 2026/VAISAKHA 15, 1948 वाजणज्य एव उद्योग मत्रं ालय (वाजणज्य जवभाग) (जवदेि व्यापार महाजिदेिालय) साविव जिक सचू िा िई ददल्ली, 14 मई, 2026 स.ं 11/2026-27 जवषय: जसओि एम1 से एम8 के िीचे जसओि िोट्स की प्रजवजि के संबंध में। फा. स.ं 01/94/180/015/एएम27/पीसी- 4 — समय-समय पर यथासंिोजधत, जवदेि व्यापार िीजत, 2023 के पैरा 1.03 और 2.04 के तहत प्रदत्त िजियों का प्रयोग करत ेहुए, महाजिदिे क जवदेि व्यापार तत्काल प्रभाव स ेमािक इिपुट आउटपुट मािदडं ों (जसओि) एम-1 स ेएम-8 (रत्न और आभूषण उत्पाद समूह) के अतं गतव जिम्नजलजखत िोट्स की प्रजवजि करिे को अजधसूजचत करते ह:ै- िोट 1. सोिे के आयात के जलए अजिम प्राजधकार पत्र (एए) 100 दकलोिाम की अजधकतम स्ट्वीकायव मात्रा सीमा के अधीि िारी दकया िाएगा। िोट 2. अगर कोई आवेदक पहली बार अजिम प्राजधकार पत्र के जलए आवेदि करता ह,ै तो संबंजधत क्षेत्रीय प्राजधकारी को आवेदि करिे वाले की जवजिमावण सुजवधा का व्यावहाररक जिरीक्षण करिा होगा, तादक जवजिमावण सुजवधा के अजस्ट्तत्व क्षमता और संचालि जस्ट्थजत का सत्यापि दकया िा सके। 3519 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] िोट 3. सोिे के आयात के जलए कोई भी बाद का अजिम प्राजधकार पत्र सोिे के जलए पहले के अजिम प्राजधकार पत्र के तहत जिधावररत जियावत दाजयत्व का कम से कम 50% पूरा होि े पर ही िारी करि े पर जवचार दकया िाएगा, जिससे लगातार अिुपालि और जिगरािी सुजिजित की िा सके। िोट 4. अजिम प्राजधकार पत्र धारक को संबंजधत क्षेत्रीय प्राजधकारी (आरए) को प्रत्येक 15 ददि म ें एक जिष्पादि ररपोटव देिी होगी, जिसे एक इंजडपेंडेंट चाटवडव अकाउंटेंट स े प्रभाजणत दकया गया हो और जिसम ें प्राजधकार पत्र के तहत दकए गए सोिे के आयात औऱ जियावत को प्रमाजणत दकया गया हो, तादक प्रभावी जिगरािी और अिुपालि जिगरािी हो सके। िोट 5. संबंजधत क्षेत्रीय प्राजधकारी, डीिीएफटी मुख्यालय को एक माजसक समेदकत ररपोटव प्रस्ट्ततु करेगा, जिसमें केंद्रीकृत जिगरािी और िीजत जिरीक्षण को सक्षम करि ेके जलए अजिम प्राजधकारपत्र िारी करि ेऔर सोि ेके संबंजधत आयात/जियावत लेिदिे के बारे में जववरण होगा। इस साविव जिक सचू िा का प्रभाव: प्रदक्रया पुजस्ट्तका, 2023 के जसओि एम-1 से एम-8 के अंतगवत 05 (पांच) िोट डाले गए ह,ैं िो सोि े के आयात के जलए अजिम प्राजधकारपत्र िारी करि े और जिगरािी के जलए ितें जिधावररत करते ह।ैं लव अिवाल, महाजिदिे क जवदिे व्यापार एवं पदेि अपर सजचव MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 14th May, 2026 No. 11/2026-27 Subject: Insertion of SION notes below the SIONs M1 to M8– reg. F. No. 01/94/180/015/AM27/PC-4.— In exercise of the powers conferred under paragraph 1.03 & 2.04 of the Foreign Trade Policy 2023, as amended from time to time, the Director General of Foreign Trade hereby notifies the insertion of the following notes under Standard Input Output Norms (SIONs) M-1 to M-8 (Gems and Jewellerey Product Group), with immediate effect: Note 1. The Advance Authorisation (AA) for import of gold shall be issued, subject to a maximum permissible quantity limit of 100 kilograms. Note 2. In case of application for Advance Authorisation by a first time applicant, a mandatory physical inspection of the applicant’s manufacturing facility shall be undertaken by the concerned regional authority to verify the existence, capacity and operational status of the manufacturing facility. Note 3. Any subsequent Advance Authorisation for the import of gold, shall be considered for issuance only upon fulfilment of at least 50% of the export obligation prescribed under the preceding Advance Authorisations for gold, thereby ensuring progressive compliance and monitoring. Note 4. The Advance Authorisation holder shall submit a fortnightly performance report to the concerned Regional Authority (RA), duly certified by an independent Charted Accountant certifying gold imports and exports undertaken under the authorisation, to facilitate effective oversight and compliance monitoring. Note 5. The concerned Regional Authority shall submit a monthly consolidated report to DGFT Headquarters containing details regarding the issuance of Advance Authorisations and corresponding import/export transactions of gold, to enable centralized monitoring and policy oversight. Effect of this Public Notice: 05 (Five) Notes are inserted under SIONs M-1 to M-8 of the Handbook of Procedures, 2023, prescribing conditions for the issuance and monitoring of Advance Authorisations for import of gold. LAV AGARWAL, Director General of Foreign Trade & ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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