{"id":8351,"date":"2026-03-16T16:49:15","date_gmt":"2026-03-16T11:19:15","guid":{"rendered":"https:\/\/www.centaxonline.com\/blog\/?p=8351"},"modified":"2026-03-16T16:49:15","modified_gmt":"2026-03-16T11:19:15","slug":"sber-bank-added-for-precious-metals-import-exemption","status":"publish","type":"post","link":"https:\/\/www.centaxonline.com\/blog\/sber-bank-added-for-precious-metals-import-exemption","title":{"rendered":"SBER Bank Added for Precious Metals Import Exemption"},"content":{"rendered":"<p><a href=\"https:\/\/www.centaxonline.com\/search?searchData=Notification%20No.%2006%2F2026-Customs&amp;itemType=AP\">Notification No. 06\/2026-Customs<\/a>, Dated 12-03-2026<\/p>\n<p data-start=\"83\" data-end=\"271\">The Central Government has amended <strong data-start=\"118\" data-end=\"176\">Notification No. 45\/2025-Customs dated 24 October 2025<\/strong>, which grants <strong data-start=\"191\" data-end=\"270\">customs duty exemption for the import of precious metals by specified banks<\/strong>.<\/p>\n<h2 data-section-id=\"127cf56\" data-start=\"273\" data-end=\"315\">1. Inclusion of SBER Bank in Eligible List<\/h2>\n<p data-start=\"317\" data-end=\"433\">Pursuant to the amendment, <strong data-start=\"344\" data-end=\"357\">SBER Bank<\/strong> has been added as <strong data-start=\"376\" data-end=\"412\">Item No. 3 in List 14 of Table I<\/strong> of the notification.<\/p>\n<p data-start=\"435\" data-end=\"572\">This inclusion makes the bank eligible to import <strong data-start=\"484\" data-end=\"541\">precious metals under the customs exemption framework<\/strong> applicable to specified banks.<\/p>\n<h2 data-section-id=\"14oqb37\" data-start=\"574\" data-end=\"598\">2. Conditions for Import<\/h2>\n<p data-start=\"600\" data-end=\"640\">The amended notification specifies that:<\/p>\n<ul>\n<li data-start=\"644\" data-end=\"740\">The import of precious metals by <strong data-start=\"677\" data-end=\"690\">SBER Bank<\/strong> is permitted <strong data-start=\"704\" data-end=\"737\">only for domestic consumption<\/strong>.<\/li>\n<li data-start=\"743\" data-end=\"824\">The authorisation is valid for the period <strong data-start=\"785\" data-end=\"823\">from 25 June 2025 to 31 March 2026<\/strong>.<\/li>\n<\/ul>\n<h2 data-section-id=\"cxup8r\" data-start=\"826\" data-end=\"855\">3. Objective of the Amendment<\/h2>\n<p data-start=\"857\" data-end=\"1097\" data-is-last-node=\"\" data-is-only-node=\"\">The amendment updates the list of eligible banks authorised to import precious metals under the customs exemption notification, thereby facilitating regulated imports of precious metals for domestic use within the specified validity period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Notification No. 06\/2026-Customs, Dated 12-03-2026 The Central Government has amended Notification No.&hellip;<\/p>\n","protected":false},"author":19,"featured_media":8362,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,178,47],"tags":[],"class_list":["post-8351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customs","category-customs-news","category-customs-statutory-scope"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin 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