Indian Jewellers Having Valid Licence To Import Gold Concessional Customs Duty From UAE Can Import It Through Bullion Exchange: DGFT

The Director General of Foreign Trade (DGFT) has notified that under the terms of the free trade agreement, Indian jewellers who hold a valid licence to import a certain amount of gold from the UAE at a reduced customs charge may do so through the bullion exchange IIBX.The DGFT has amended the import policy conditions for gold under HS Code 71081200 in Chapter 71 of Schedule I (Import Policy)...