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Corporate Laws Central Ministry of Corporate Affairs Foreign Trade (Development and Regulation) Act, 1992

DGFT clarifies import requirements for silver under ITC(HS) code 71069221

09-Oct-2026 | Policy Circular No. 02/2026-27

DGFT has clarified the import requirements for silver classified under ITC(HS) code 71069221, which is classified as a restricted item. Such imports generally require a valid Import Authorisation issued by DGFT, except where exemptions under Policy Condition No. 7 apply. The clarification further states that an authorisation holder is not required to separately qualify as a Nominated Agency, an IFSCA-notified Qualified Jeweller or an Export Oriented Unit (EOU), unless the authorisation specifically imposes such a condition. DGFT has also clarified that imports of silver under this code are not mandatorily required to be routed through the India International Bullion Exchange (IIBX), unless specifically required under the Import Authorisation. Customs authorities have been requested to process the clearance of such consignments in accordance with this clarification and the conditions specified in the relevant Import Authorisation.

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Recent Posts in Corporate Laws

Corporate Laws

CDSL issues communique regarding United Nations Security Council (UNSC) Committee with respect to removal of three entries

29-Oct-2026 | CDSL/PMLA/DP/POLCY/2026/761

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Corporate Laws

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Corporate Laws

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28-Oct-2026 | Press Release

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Corporate Laws

BSE issues circular regarding Release of “National Strategy for Financial Inclusion (NSFI) 2025–30” by RBI

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Recent Posts

Industry Specific-Education

Implement the revised curriculum, vocational education and optional subject requirements for class IX students progressing to class X

29-Oct-2026 | Acad-70/2026

This circular clarifies the Scheme of Studies applicable to students currently studying in Class IX during the academic session 2026–

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Legal

Rajasthan Amends Legal Metrology Rules to Mandate High-Accuracy Weighing Instruments for Gold, Silver and Precious Metals

29-Oct-2026 | G.S.R.77

The Government of Rajasthan has amended the Rajasthan Legal Metrology (Enforcement) Rules, 2011, by inserting Rule 9(3A). The amendment mand

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Legal

Punjab Government Extends Exemption for Existing Industries in Non-Conforming Zones of Notified Master Plans

28-Oct-2026 | SEE(HQ-2)/F.No. 203/2026 24056-74

The Punjab Government has exempted existing industries operating in non-conforming zones of 24 notified Master Plans across the state from t

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Labour Laws

Tripura Government Fixes Minimum Daily Base Wage Rate at ₹450

29-Oct-2026 | F.22(80)-LAB/ENF/CoW/2025/Part-I/6608-10

The Government of Tripura, Labour Department, has fixed the minimum daily base wage rate at ₹450, effective from 1 April 2027. The rat

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