A precious metal import license is required when importing restricted category items such as gold jewellery, diamond-studded jewellery, and other precious metal products into India. Importers must apply through DGFT and comply with Foreign Trade Policy regulations. Failure to obtain a license may result in shipment delays, penalties, or confiscation of goods by customs authorities. Contact Us for more information.
Landscape for jewellery imports in India has just seen a significant shift. In a strategic move to regulate the influx of precious metals and support the domestic industry, the Directorate General of Foreign Trade (DGFT) vide Notification No. 02/2026-27 –…
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