DGFT revises Unwrought Silver, Gold and Platinum Import Conditions

The Directorate General of Foreign Trade (DGFT) has recently notified revisions to the import conditions for unwrought silver, gold, and platinum. These amendments are designed to refine the existing trade regulations governing the import of these precious metals. The specific nature of the revisions was not detailed, but such updates typically aim to streamline customs procedures, prevent smuggling, or align import policies with international trade agreements. By adjusting these norms, the DGFT seeks to ensure more effective control over the import of these high-value commodities and to maintain stability in their domestic markets.