The products that are now restricted include articles of jewellery of precious metal, silver and unstudded and other jewellery, which were free earlier
On account of a surge in imports from Thailand and some other Asean countries, the Centre has decided to restrict the imports of silver and certain precious metal jewellery till 31 March 2026, as per an official notification.
The Directorate General of Foreign Trade (DGFT) noted that the import policy of ITC (HS) codes 71131141 and 71131149 has been amended from free to restricted with immediate effect, till 31 March 2026. Goods under the restriction category require a license from the government.
The products that are now restricted include articles of jewellery of precious metal, silver and unstudded and other jewellery, which were free earlier. In a separate notification, the DGFT amended the export policy for the non-basmati rice as well.
The export policy of non-basmati rice has been amended by incorporating an additional policy condition to the extent that export of non-basmati rice shall be permitted only upon registration of contracts with the Agricultural and Food Products Export Development Authority (Apeda).
DGFT has also notified additional policy conditions for the export of second-generation (2G) ethanol. Ethanol produced through cellulosic material such as bagasse, wood waste, other renewable resources, industrial wastage, lignocellulosic feedstocks, non-food crops and residue streams, and having low carbon dioxide emissions or high GHG reduction, and which do not compete with food crops for land use and meet IS 15464 specifications, is permitted for fuel and non-fuel purposes.
