Trending News
Baltic Exchange Market Report (7 February 2025)...
  Daily Exim

NEWS DETAILS

Date: 07/03/2025

DGFT notifies restrictions on platinum imports
 
The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has issued a notification restricting the import policy of platinum. As per the notification, the import policy of certain categories of platinum has been revised from Free to Restricted, except for platinum alloy containing 99% or more purity by weight of platinum, which will continue to be freely importable. The decision to restrict platinum imports by the world’s second largest gold consumer comes as some importers were masking gold imports as platinum to avoid higher import duties. This change introduces import restrictions on unwrought platinum, platinum powder and other forms of platinum, requiring importers to obtain government approval, as per a report.
 
Source: Exim News Service: New Delhi, March 6



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai & Western India, Gujarat, New Delhi & North India and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 47 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.