DGFT updates import policy to match customs tariff changes in...

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DGFT updates import policy to match customs tariff changes in budget 2025

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The DGFT has updated India's import policy to align with Budget 2025 changes, particularly for precious metals. New HS codes now track gold dore, silver dore, and high-purity platinum. This addresses the misuse of the India-UAE FTA, where gold was falsely labeled as platinum alloy to evade higher import duties.

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