Other

Semi-manufactured silver (bars, rods, wire, plates, sheets)

DGFT CLEARANCE

HSN 7106 92 29 (semi-manufactured silver, other) is governed by the Directorate General of Foreign Trade (DGFT) ITC (HS) import policy under which import is Free subject to Reserve Bank of India (RBI) regulations. DGFT Notification 8/2025-26 dated 19-05-2025 is the operative policy reference for this tariff line.

What this is

HSN code

7106 92 29

Chapter

71 · Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof

Primary regulator

DGFT · ITC (HS) Free import policy subject to RBI regulation, Chapter 71

Customs documentation

ITC (HS) policy compliance from DGFT
RBI regulation compliance from RBI

Compliance steps

1
Confirm that the import transaction complies with the applicable Reserve Bank of India regulations governing import of semi-manufactured silver. The ITC (HS) import policy for this tariff line is Free, but that Free status is conditional on RBI regulatory compliance at the bill of entry stage.
DGFT Notification 8/2025-26 dated 19-05-2025
2
File the bill of entry declaring the correct CTI 7106 92 29 and ensure the policy condition — Free subject to RBI regulation — is correctly reflected in the import documentation presented to customs.
DGFT Notification 8/2025-26 dated 19-05-2025 · ITC (HS) Chapter 71 policy condition

A word of counsel

The most common error on this tariff line is reading the Free import status as unconditional and overlooking the RBI-regulation condition. Import without satisfying the applicable RBI requirement converts a Free-policy import into a non-compliant one, exposing the consignment to detention and the importer to Foreign Exchange Management Act liability independent of customs clearance.

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Frequently asked

Does HSN 7106 92 29 require BIS certification?

No, semi-manufactured silver falls outside the BIS Quality Control Order regime. Import is governed by the Directorate General of Foreign Trade ITC (HS) Free import policy under DGFT Notification 8/2025-26, subject to RBI regulation.

What does 'Free subject to RBI regulation' mean at the bill of entry?

It means no DGFT import licence is required, but the import transaction must comply with whichever Reserve Bank of India rules govern precious-metal imports — such as designated-bank or authorised-dealer channel requirements — before customs out-of-charge can be granted.

Does DGFT Notification 8/2025-26 affect the classification or only the import policy condition?

It affects only the import policy condition, confirming Free status for CTI 7106 92 29 subject to RBI regulation; the tariff classification under Chapter 71 is unaffected by the notification.

Last verified against gazette notifications: 2026-05-16. Source: DGFT / Indian Customs CUSDATA.