The Economic Times

Government tightens rules for duty-free gold imports, caps quantity at 100 kg per licence

The Directorate General of Foreign Trade has introduced new rules for duty-free gold imports by gems and jewellery exporters. These measures include a 100 kg limit per licence and mandatory facility inspections for new applicants. Existing exporters must meet 50 percent of previous export obligations. Fortnightly performance reports are now required, enhancing oversight.