No export of gold items over 22-carat purity: DGFT

August 16, 2017 10:42 pm | Updated 10:45 pm IST - New Delhi

The government has banned exports of gold jewellery, medallions and other articles with purity above 22 carats in a bid to check round tripping of the precious metal.

In a notification on the metal, the Directorate General of Foreign Trade (DGFT), has said that certain provisions of the foreign trade policy (2015-20) are “amended to allow export of gold jewellery (plain or studded) and articles containing gold of 8 carats and above up to a maximum limit of 22 carats only from domestic tariff area and export-oriented units, electronics hardware technology parks, software technology parks and bio technology parks”.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.