Govt imposes import curbs on certain platinum jewellery

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The authorities connected Monday (November 17, 2025) imposed import curbs connected definite types of platinum jewellery till April adjacent year.

The import argumentation of platinum jewellery "is revised from Free to Restricted, with contiguous effect till April 30, 2026", the directorate wide of overseas commercialized (DGFT) said successful the latest notification. Importers present request a licence from the DGFT to import these goods.

Bullion dealers person been importing platinum-alloy jewellery duty-free, adjacent though the items incorporate astir 90% golden on with tiny amounts of metallic and platinum.

The India Bullion and Jewellers Association (IBJA) has urged the authorities to restrict imports of platinum jewellery successful bid to adjacent this argumentation loophole. 

In September, the authorities imposed restrictions connected imports of definite metallic jewellery till March 31 adjacent year. The determination was aimed astatine curbing imports of metallic successful the sanction of “unstudded jewellery” from Thailand.

India has a escaped commercialized statement with ASEAN (Association of SouthEast Asian nations). Thailand is simply a subordinate of this 10-nation group.

Published - November 17, 2025 03:51 p.m. IST

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