scorecard
  1. Home
  2. india
  3. news
  4. India imposes restrictions on certain studded gold jewellery imports

India imposes restrictions on certain studded gold jewellery imports

ANI   

India imposes restrictions on certain studded gold jewellery imports
India1 min read
The central government has imposed restrictions on the import of certain gold-studded jewellery and articles.

The government though did not give any reasons behind such move.

Shipments those are coming into the country under the India-UAE Comprehensive Economic Partnership Agreement (CEPA), however, remain unrestricted, an official notification from the Directorate General of Foreign Trade (DGFT), dated June 11, said.

"However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import authorization," DGFT notification read.

The notification to amend imports of these items from being free to now restricted will be with immediate effect.

In July last year, DGFT amended the import policy for unstudded jewellery, and other articles made of gold to the "restricted" category from earlier "free".

Putting a commodity in the "restricted" category essentially means that a proper license will be required from the relevant authorities to import.

SEE ALSO:

Elon Musk hits out at Apple’s partnership with OpenAI, threatens to ban Apple devices

iOS 18 announced with Apple Intelligence, improved privacy controls, customisable home screen and more

Maruti Suzuki retakes the top-selling car spot – Top 10 selling cars in India in May 2024

READ MORE ARTICLES ON


Advertisement

Advertisement