Government Tightens Gold Import Regulations for Exporters to Curb Trade Abuse

Government Tightens Gold Import Regulations for Exporters to Curb Trade Abuse

New Regulatory Framework for Gold Imports The Indian government has implemented stricter regulations for duty-free gold imports by exporters, effective immediately, as part of a strategic effort to prevent the misuse of trade incentives and curb illicit market activities. Under the revised guidelines issued by the Directorate General of Foreign Trade (DGFT), all first-time applicants…

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India's DGFT Implements Strict Oversight on Gold Imports for Jewelry Exports

India’s DGFT Implements Strict Oversight on Gold Imports for Jewelry Exports

New Regulatory Framework for Precious Metal Imports The Directorate General of Foreign Trade (DGFT) in India has introduced stringent new regulations governing the import of gold inputs by jewelry exporters, effective immediately. The updated policy imposes a strict 100-kilogram cap on such imports and mandates physical verification of manufacturing facilities for any entity seeking to…

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