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Govt imposes import curbs on certain silver jewellery till March next year

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The government on Wednesday imposed import restrictions on certain silver jewellery till March 31 next year, according to a notification.

The move was aimed at curbing imports of silver in the name of unstudied jewellery from Thailand. India has a free trade agreement with Asean (Association of SouthEast Asian nations). Thailand is a member of this-10 nation group.

"Import policy has been amended from free to restricted with immediate effect till March 31, 2026," the Directorate General of Foreign Trade (DGFT) said in a notification.

Goods under the restriction category need a licence from the government.
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