{"id":9409,"date":"2026-06-05T14:44:41","date_gmt":"2026-06-05T09:14:41","guid":{"rendered":"https:\/\/www.centaxonline.com\/blog\/?p=9409"},"modified":"2026-06-05T14:44:41","modified_gmt":"2026-06-05T09:14:41","slug":"dgft-mandates-import-authorisation-for-specified-silver-imports","status":"publish","type":"post","link":"https:\/\/www.centaxonline.com\/blog\/dgft-mandates-import-authorisation-for-specified-silver-imports","title":{"rendered":"DGFT Mandates Import Authorisation for Specified Silver Imports"},"content":{"rendered":"

Notification No. 19\/2026-27<\/a>, Dated 02-06-2026<\/p>\n

The Directorate General of Foreign Trade (DGFT) has issued a notification amending the import policy conditions applicable to specified silver products covered under Chapter 71 of ITC (HS), 2022<\/strong>.<\/p>\n

The amendment mandates the obtaining of a valid Import Authorisation<\/strong> from the DGFT for imports of specified silver products through designated import channels.<\/p>\n

1. Silver Products Covered Under the Revised Policy<\/h2>\n

The revised import policy applies to silver products covered under the following ITC (HS) Codes:<\/p>\n

    \n
  • \n
      \n
    • 71061000<\/strong><\/li>\n
    • 71069110<\/strong><\/li>\n
    • 71069120<\/strong><\/li>\n
    • 71069190<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

      Imports of these specified silver products shall now be subject to the amended authorisation requirements.<\/p>\n

      2. Import Authorisation Mandatory for Nominated Agencies<\/h2>\n

      Under the revised policy conditions, imports undertaken through:<\/p>\n

        \n
      • \n
          \n
        • RBI-notified nominated agencies<\/strong> in the case of banks; and<\/li>\n
        • Agencies notified by the DGFT<\/strong> in other cases<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

          shall be permitted only against a valid Import Authorisation issued by the DGFT<\/strong>.<\/p>\n

          Accordingly, importers using these channels must secure the prescribed authorisation before undertaking imports.<\/p>\n

          3. Requirement Extended to Qualified Jewellers Through IIBX<\/h2>\n

          The notification further provides that imports undertaken by:<\/p>\n

            \n
          • \n
              \n
            • Qualified jewellers notified by the International Financial Services Centres Authority (IFSCA)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

              through the:<\/p>\n

                \n
              • \n
                  \n
                • India International Bullion Exchange (IIBX)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

                  shall also require a valid Import Authorisation issued by the DGFT<\/strong>, wherever such imports are otherwise permitted under the applicable framework.<\/p>\n

                  4. Existing Provision for Silver Dore Continues<\/h2>\n

                  The DGFT has clarified that the existing provision relating to import of silver dore<\/strong> remains unchanged.<\/p>\n

                  Accordingly, refineries may continue to import silver dore:<\/p>\n

                    \n
                  • \n
                      \n
                    • Against a licence; and<\/li>\n
                    • Subject to the Actual User (AU) condition<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

                      as provided under the existing policy framework.<\/p>\n

                      5. Immediate Effect of the Amendment<\/h2>\n

                      The revised import policy conditions have come into effect immediately<\/strong>.<\/p>\n

                      Importers of the specified silver products are therefore required to obtain the necessary Import Authorisation prior to importation from the date of issuance of the notification.<\/p>\n

                      6. Objective of the Notification<\/h2>\n

                      The amendment seeks to strengthen regulatory oversight and monitoring of silver imports by introducing a prior authorisation requirement for specified categories of silver products.<\/p>\n

                      By mandating DGFT-issued Import Authorisations for imports through nominated agencies and qualified jewellers, the Government aims to improve transparency, ensure better import control and facilitate effective administration of precious metal imports under the Foreign Trade Policy framework.<\/p>\n","protected":false},"excerpt":{"rendered":"

                      Notification No. 19\/2026-27, Dated 02-06-2026 The Directorate General of Foreign Trade (DGFT)…<\/p>\n","protected":false},"author":19,"featured_media":9424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52,181,54],"tags":[],"class_list":["post-9409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign-trade-policy","category-news-foreign-trade-policy","category-ftp-statutory-scope"],"yoast_head":"\nDGFT Mandates Import Authorisation for Specified Silver Imports<\/title>\n<meta name=\"description\" content=\"DGFT has made Import Authorisation mandatory for specified silver imports under Chapter 71, effective immediately.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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