SEZ & EOU Units Permitted to Import Silver Jewellery
DGFT clarifies upon the GJEPC seeking clarity on SEZ & EOU Units In a significant clarification addressing industry concerns, the Directorate General of Foreign Trade (DGFT) has issued Policy Circular No. 06/2025-26, outlining the applicability of restrictions on the import of Silver Jewellery imposed through Notification No. 34/2025-26. The said notification had earlier restricted the import of Silver Jewellery falling under ITC (HS) Codes 71131141 and 71131149, prompting several representations from the trade, particularly from the Gem & Jewellery Export Promotion Council (GJEPC), seeking clarity on whether these restrictions extend to units located in Special Economic Zones (SEZs) and Export Oriented Units (EOUs). After careful examination, the DGFT has clarified that imports of Silver Jewellery by 100% EOUs and SEZ units shall not be subject to these restrictions, in line with Para 6.01(d) of the Foreign Trade Policy (FTP) 2023 and Ru...