The DGFT vide Policy Circular No. 06/2025-26 dated October 27, 2025, has issued clarification regarding applicability of restriction on Silver Jewellery imposed vide Notification No. 34/2025-26 dated 24.09.2025.
Subsequent to the issuance of Notification No. 34/2025-26 dated 24.09.2025, imposing restrictions on the import of Silver Jewellery under ITC (HS) Codes 71131141 and 71131149, representations have been received from the industry seeking clarification regarding the applicability of these restrictions to imports by units located in Special Economic Zones (SEZs).
The matter has been examined. The applicability of the said notification, in light of the extant policy provisions, is clarified as follows:
- Imports by SEZ and EOU units: Imports of Silver Jewellery by 100% Export Oriented Units (EOUs) and units located in Special Economic Zones (SEZs) shall not be subject to the aforesaid restrictions, in accordance with Para 6.01(d) of the Foreign Trade Policy (FTP), 2023 and Rule 27 of the Special Economic Zones (SEZ) Rules, 2006, respectively. However, such imported goods shall not be sold in the Domestic Tariff Area (DTA).
- Imports under Advance Authorisation / DFIA: Imports of Silver Jewellery under the Advance Authorisation or Duty-Free Import Authorisation (DFIA) schemes shall also be exempt from these restrictions, in terms of Para 4.18(iv) of the FTP, 2023.
The above policy provisions are brought to the notice of the Trade and the field formations of Customs for information and necessary action. Any deviation from the prescribed provisions shall invite penal action in accordance with the applicable laws and rules.
This is issued with the approval of the Director General of Foreign Trade.
The Policy Circular can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/10/Silver-Jewellery_0001.pdf
