Economic Times · India ·

India authorises banks for gold and silver imports under DGFT regime

→Bullion imports blocked without DGFT-authorised banks

Trade & Tariffs Supply Chain & Logistics
Change
India authorised 15 banks to import gold and silver and linked customs clearance to valid DGFT import approvals.
Why it matters
Shipments without DGFT authorisation cannot clear customs, creating a strict approval requirement for bullion imports.
Implications

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Source
Economic Times
View on Economic Times

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