DGFT tightens duty-free gold import rules for jewellery exporters with 100 kg AA cap
DGFT has overhauled duty-free gold sourcing for jewellery exporters: Advance Authorisations capped at 100 kg, facility inspections mandated, fortnightly CA-certified reports required, and 50% export obligation must be met before fresh licences. Move follows gold import duty hike from 6% to 15%.
DGFT tightened duty-free gold import rules for jewellery exporters, capping Advance Authorisations at 100 kg, mandating facility inspections, fortnightly CA-certified reports, and 50% export obligation fulfilment before fresh licences, following gold import duty hike to 15%.
Why this matters
Tightening builds on DGFT's recent moves capping duty-free gold imports at 100 kg per licence and stricter Advance Authorisation oversight, signalling sustained scrutiny of jewellery export channels post duty hike.
Retail-company signals steady at 2,122 over the last 90 days.