Indian authorities have imposed import restrictions on plain silver jewellery until the end of March 2026, prompted by a significant rise in imports under preferential duty exemptions from April-June 2024-25 to April-June 2025-26. The Directorate General of Foreign Trade (DGFT) issued a notification stating: "Import policy has been amended from free to restricted with immediate effect till March 31, 2026," requiring that all such imports now obtain a government licence. The change is in response to increased imports that allegedly bypassed free trade agreement (FTA) provisions by being classified as finished jewellery. Advertisement

Officials highlighted that "The imports circumventing the provisions of FTA were adversely affecting domestic manufacturers and posing a challenge to employm

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