Dated. 15thJanuary, 2024
Issued By. DGFT
Subject: Amendment in Import Policy condition of Silver under Chapter – 71 of Schedule -1 of ITC (HS) 2022 - reg.
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• Central Govt hereby notifies amendment under Chapter – 71 by introducing Policy Condition No 5.
• Import Policy of Silver under ITC(HS) codes : 71069210 & 71069290 has been revised from Restricted to Free subject to following conditions :
- Import of Semi-manufactured Silver Paste, Sheets, Plates, Strips, Tubes, Electrodes, Wires, Silver Brazing Alloys (in any form) by Electrical, Electronics and Engineering Industries including Glass & Solar Industries as input for their own manufacturing process on ‘Actual User’ basis shall be ‘Free’
- Import of given items for R & D purposes by Government of Government Recognised Institutions shall also be ‘Free’.
- Import for any other purposes shall be through specified agencies as per the earlier provisions.