Government Amends Import Policy for Unstuded Platinum Jewellery (ITC HS 71131921) — Imports Shifted from “Free” to “Restricted” Until April 2026

 The document is an official notification issued by the Government of India, Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade (DGFT). It is titled Notification No. 48/2025-26, dated 17th November 2025, and it announces an amendment to the Import Policy for a specific item classified under ITC HS Code 71131921 in Chapter 71 of the ITC (HS) 2022, Schedule I (Import Policy).

The amendment has been made under the powers granted by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, in conjunction with relevant paragraphs of the Foreign Trade Policy (FTP) 2023. The Central Government states that this particular policy change takes immediate effect and will remain valid till 30 April 2026.

The document presents a table summarizing the affected category:

• Chapter 71 covers “Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metals.”

• Subheading 711319 includes items of precious metal, plated or not plated, or clad with precious metal.

• The specific code 71131921 corresponds to unstudded platinum jewelry.

Previously, the import policy for this item was categorized as “Free”, meaning importers could freely import unstudded platinum jewelry without restrictions. However, through this notification, the government has now revised the import policy from “Free” to “Restricted.” This means that imports of items under HS code 71131921 will now require a government permit or additional compliance before they can be brought into India.

The document also clearly outlines the effect of the notification, emphasizing that the change in import policy is specifically and solely the shift of the platinum unstudded jewelry category from unrestricted import to restricted import. The policy revision applies immediately and remains in force until 30 April 2026.

The notification is signed by Ajay Bhadoo, Additional Secretary to the Government of India and Director General of Foreign Trade. It includes an official file number and DGFT contact information, confirming its authenticity and administrative approval. It explicitly states that the amendment has been issued with the approval of the Minister of Commerce & Industry.