The Directorate General of Foreign Trade (DGFT) on May 16, 2026, issued a notification regarding an amendment in the import policy of Silver covered under ITC (HS) codes 71069221 and 71069229 of Chapter 71 of ITC (HS), 2022, Schedule - I (Import Policy).
The following has been stated:-
•The Import Policy of items covered under ITC HS Code 71069221 and 71069229 is revised from "Free" to "Restricted" subject to Policy Condition No. 7 of Chapter 71 of ITC (HS) 2022, Schedule - I (Import Policy) with immediate effect.
The detailed notification is given in the document below.
[Notification No.: 17/2026-27]