Amendment in Import Policy and Policy Conditions of specific codes under Chapter 71 of Schedule-I for Gold, Silver, Platinum: The key modifications include the deletion and restructuring of various codes related to the import of silver, gold, and platinum in unwrought, semi-manufactured, and powder forms. Import of high-purity silver (99.9% or more) and gold (99.5% or more) is now restricted and allowed only through nominated agencies as specified by RBI and DGFT, and qualified jewellers via the India International Bullion Exchange (IIBX). Additionally, India-UAE TRQ holders can import through IIBX under specific conditions, with storage in IFSCA-registered vaults in SEZs. Platinum import rules have also been restructured, with distinctions based on form (unwrought, powder) and purity levels. Some categories are now “restricted” or “free,” depending on the purity and importer type.