Notification No. 17/2026-Customs, Dated 12-05-2026
The Central Government has amended Notification No. 57/2000-Customs dated 08-05-2000, revising the customs duty applicable on import of gold and silver under the replenishment scheme linked to exports.
1. Revised Customs Duty Rate
- Customs duty increased from 4.35% to 10%
- Applicable to imports of gold and silver under the replenishment scheme
2. Scope of the Scheme
The replenishment scheme covers imports linked to exports through:
- Exhibitions
- Export promotion tours
- Export of branded jewellery
- Under the Foreign Trade Policy (FTP)
3. Specific Amendment
Against Sl. No. 1 in the Table the entry ‘4.35%’ has been substituted with ‘10%’
4. Effective Date
The revised customs duty rate shall come into force from 13 May 2026
5. Objective of the Amendment
The amendment aims to:
- Align customs duty structure for precious metal imports
- Rationalise duty concessions available under export-linked replenishment schemes
6. Conclusion
The notification significantly increases customs duty on gold and silver imports under the replenishment scheme from 4.35% to 10%, effective 13-05-2026, impacting export-linked jewellery import arrangements under the FTP framework.
