Economic Times · India ·

India restricts precious jewellery imports from ASEAN

→Import licences now mandatory for ASEAN jewellery

Trade & Tariffs
Change
India imposed licensing requirements on gold, silver and platinum jewellery imports from ASEAN countries with immediate effect.
Why it matters
Duty-free import channels under the ASEAN trade pact are effectively closed, with no exemptions for existing contracts or shipments.
Implications
  • → Importers must obtain licences — compliance barrier increases
  • → Non-compliant shipments risk rejection — supply disruption likely

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Economic Times
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