Containing 99.9 per cent. or more by weight of silver
How HSN 71069120 sits in the ITC-HS 2022 tree, plus the policy that governs it.
HSN code 71069120 stands for "Containing 99.9 per cent. or more by weight of silver" under Chapter 71 (Natural Or Cultured Pearls, Precious Or Semi-Precious Stones, Precious Metals, Metals Clad With Precious Metal And Articles Thereof; Imitation Jewellery; Coin) of the ITC-HS 2022 schedule.
The export policy for HSN 71069120 is "Free".
The import policy for HSN 71069120 is "RESTRICTED". Condition: Imports through nominated agencies notified by Reserve Bank of India, in the case of banks, by the Directorate General of Foreign Trade, in the case of other agencies, and by qualified jewellers as notified by the IFSCA for import through India International Bullion Exchange (IIBX) shall be permitted only against a valid Import Authorisation issued by the DGFT. Silver dore can be imported by refineries against a license with AU Condition..
HSN 71069120 belongs to Chapter 71 (Natural Or Cultured Pearls, Precious Or Semi-Precious Stones, Precious Metals, Metals Clad With Precious Metal And Articles Thereof; Imitation Jewellery; Coin) under Section XIV (Natural or Cultured Pearls, Precious or Semi-precious Stones, Precious Metals, Metals Clad with Precious Metal and Articles thereof; Imitation Jewellery; Coin).
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