IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Aug 2017 | Removal date: open ended
Still in force

Export-related non-tariff measure, nes

The new Principle which allows the DGFT to restrict trade in silver and gold also permits restrictions on exports of these products. 

AFFECTED COUNTRIES

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TABLE
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AFFECTED SECTORS AND PRODUCTS

382 Jewellery & related articles
7113 Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal.
711311 Of silver, whether or not plated or clad with other precious metal
711319 Of other precious metal, whether or not plated or clad with precious metal
711320 Of base metal clad with precious metal
7114 Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal.
711411 Of silver, whether or not plated or clad with other precious metal
7115 Other articles of precious metal or of metal clad with precious metal.
711590 Other
7116 Articles of natural or cultured pearls, precious or semiprecious stones (natural, synthetic or reconstructed).
711610 Of natural or cultured pearls
711620 Of precious or semiprecious stones (natural, synthetic or reconstructed)
7118 Coin.
711810 Coin (other than gold coin), not being legal tender
389 Other manufactured articles n.e.c.
7117 Imitation jewellery.
711719 Other
711790 Other
393 Metal wastes or scraps
7112 Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal.
711292 Of platinum, including metal clad with platinum but excluding sweepings containing other precious metals
711299 Other
413 Basic precious metals & metals clad with precious metals
7106 Silver (including silver plated with gold or platinum), unwrought or in semimanufactured forms, or in powder form.
710610 Powder
710691 Unwrought
710692 Semimanufactured
7108 Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form.
710812 Other unwrought forms
710813 Other semimanufactured forms

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