The government has clarified that the recent restrictions on the import of silver jewellery will not apply to 100% Export Oriented Units (EOUs) and units operating in Special Economic Zones (SEZs).
According to the clarification, these entities can continue to import silver jewellery without restriction, provided that the imported goods are not sold in the Domestic Tariff Area (DTA).
Additionally, imports of silver jewellery under the Advance Authorisation and Duty-Free Import Authorisation (DFIA) schemes have been exempted from the import curbs. These schemes allow duty-free import of inputs used in the production of export goods, subject to specific conditions.
The clarification aims to ensure that export-linked and authorised import schemes continue to operate smoothly, even as the government regulates overall imports to manage trade balance and domestic supply.