Notification No. 34/2025-26, Dated 24-09-2025
1. Introduction
The Directorate General of Foreign Trade (DGFT) has issued a notification amending the import policy of certain jewellery items under Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy). The change reflects the Government’s approach to closely monitor and regulate imports in this sensitive sector, ensuring that trade aligns with national priorities.
2. Specific ITC (HS) Codes Affected
The amendment specifically impacts ITC (HS) codes 71131141 (Other Jewellery, Unstudded) and 71131149 (Other Jewellery, Other). The import policy for these codes has been revised from the earlier status of ‘Free’ to ‘Restricted’. This modification has been made effective immediately and will remain in force until 31 March 2026, covering a defined transition period.
3. Implications of ‘Restricted’ Classification
Under the new classification, imports of these jewellery articles are no longer permitted freely. Instead, they now fall under the ‘Restricted’ category, meaning importers must obtain specific authorisation or licenses before proceeding with such transactions. This measure provides the authorities with greater oversight on the volume and nature of jewellery imports, ensuring tighter regulatory control.
4. Compliance Requirements for Importers
Importers dealing in articles of jewellery covered by these HS codes are required to comply with all procedural and regulatory requirements applicable to ‘Restricted’ imports. This includes securing prior approval from the relevant authorities and adhering to any additional documentation or certification processes as stipulated. Failure to comply with these revised provisions may result in rejection of import applications or enforcement action.
5. Conclusion
Through this amendment, the DGFT has sought to regulate the flow of specified jewellery imports, balancing trade facilitation with the need for oversight in sensitive product categories. By shifting these HS codes from ‘Free’ to ‘Restricted’, the Government ensures that imports remain subject to scrutiny while giving stakeholders clarity on the policy framework until March 2026. This step reinforces India’s commitment to responsible trade management under the ITC (HS) regime.
