DGFT

DGFT clarifies applicability of restriction on silver jewellery import by units in SEZs

DGFT Clarification on applicability of restriction imposed on silver jewellery import by units located in Special Economic Zones (SEZs)

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade

Vanijya Bhawan, New Delhi,
Dated: 27th October, 2025

Policy Circular No. 06/2025-26

To,

1. All Customs Authorities
2. All RAs of DGFT
3. All Members of the Trade & Industry

Subject: Clarification regarding applicability of restriction on Silver Jewellery imposed vide Notification No. 34/2025-26 dated 24.09.2025 – Reg.

Subsequent to the issuance of Notification No. 34/2025-26 dated 24.09.2025, imposing restrictions on the import of Silver Jewellery under ITC (HS) Codes 71131141 and 71131149, representations have been received from the industry seeking clarification regarding the applicability of these restrictions to imports by units located in Special Economic Zones (SEZs). The matter has been examined. The applicability of the said notification, in light of the extant policy provisions, is clarified as follows:

1. Imports by SEZ and EOU units: Imports of Silver Jewellery by 100% Export Oriented Units (EOUs) and units located in Special Economic Zones (SEZs) shall not be subject to the aforesaid restrictions, in accordance with Para 6.01(d) of the Foreign Trade Policy (FTP), 2023 and Rule 27 of the Special Economic Zones (SEZ) Rules, 2006, respectively.However, such imported goods shall not be sold in the Domestic Tariff Area (DTA).

2. Imports under Advance Authorisation / DFIA: Imports of Silver Jewellery under the Advance Authorisation or Duty-Free Import Authorisation (DFIA) schemes shall also be exempt from these restrictions, in terms of Para 4.18(iv) of the FTP, 2023.

The above policy provisions are brought to the notice of the Trade and the field formations of Customs for information and necessary action. Any deviation from the prescribed provisions shall invite penal action in accordance with the applicable laws and rules.

This is issued with the approval of the Director General of Foreign Trade.

(Satya Raia Sekhar G)
Joint Director General of Foreign Trade
E-mail: satya.grandhi@gov.in

[Issued from File No 01/89/180/36/AM-11/PC-2[A] / e-1678]

Download Policy Circular No. 06/2025-26 Click Here >>

Share

Recent Posts

  • Income Tax

Non issue of notice u/s 143(2) for even belated ITR filed u/s 148 makes assessment void ab initio

Non issuance of notice u/s 143(2) for return filed u/s 148 even though belatedly, makes the assessment framed bad in…

2 hours ago
  • Insurance

Calculation of functional disability depends on victim’s earning capacity in open market – SC

Calculation of functional disability depends on assessing the victim’s earning capacity in the open, competitive market – Supreme Court In…

1 day ago
  • Income Tax

Appeal against ITAT shall lie only before High Court within whose jurisdiction AO is situated

Appeal against every decision of ITAT shall lie only before the High Court within whose jurisdiction the Assessing Officer who…

2 days ago
  • Excise/Custom

SC recommends action against Customs Officer who relied upon AI generated fake case laws

Supreme Court recommends action against Commissioner of Customs who relied upon non-existent AI generated case laws. Supreme Court recommends action…

3 days ago
  • Income Tax

Non- payment of cost imposed can’t trigger automatic confirmation of an invalid exparte assessment.

ITAT power to pass such orders "as it thinks fit" implies a judicial discretion to be exercised within the parameters…

5 days ago
  • Income Tax

Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT

Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…

7 days ago