DGFT caps duty-free gold imports at 100 kg per licence, tightens Advance Authorisation rules
Government imposes 100 kg per licence ceiling on duty-free gold imports under Advance Authorisation, mandates physical inspections, fortnightly CA-certified reports, and 50% export obligation before reissue. Follows duty hike to 15% from 6%. Jewellery council warns of grey market and smuggling risks amid $71.98 billion gold imports in 2025-26.
DGFT caps duty-free gold imports at 100 kg per Advance Authorisation licence, mandates physical inspections, fortnightly CA-certified reports, and 50% export obligation before reissue. Follows duty hike to 15%; jewellery council warns of grey market and smuggling risks.