Other

Semi-manufactured silver (paste, sheets, strips, wires, electrodes)

DGFT CLEARANCE · CBIC CLEARANCE

HSN 7106 92 90 (semi-manufactured silver, other) is subject to a Restricted-import policy condition administered by the Directorate General of Foreign Trade (DGFT) under Policy Condition No. 5 of ITC (HS) Chapter 71. General-purpose imports are permitted only through RBI-nominated agencies, DGFT-notified agencies, or qualified jewellers importing via the India International Bullion Exchange (IIBX) notified by IFSCA. Actual-user imports by electrical, electronics, engineering, glass, and solar industries, and imports for government-recognised R&D, are free subject to end-use conditions.

What this is

HSN code

7106 92 90

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) Restricted import policy, Policy Condition No. 5, Chapter 71

Customs documentation

Import authorisation from DGFT
Actual-user declaration to CBIC
Nominated agency certificate from RBI or DGFT

Compliance steps

1
Determine the applicable import track before filing the bill of entry: (a) actual-user track — electrical, electronics, engineering, glass, or solar manufacturer importing as input for own manufacturing, or government-recognised R&D institution, both of which are free; or (b) general-purpose track — import permitted only through an RBI-nominated bank, DGFT-notified agency, or IFSCA-qualified jeweller importing through IIBX.
DGFT Notification 57/2023 dated 15-01-2024 · ITC (HS) Policy Condition No. 5, Chapter 71
2
If importing under the actual-user track, furnish an actual-user declaration at the bill of entry confirming the imported semi-manufactured silver will be consumed as input in the importer's own manufacturing process. Diversion to any other purpose converts the free import into a Restricted-import breach and attracts enforcement by DGFT.
ITC (HS) Policy Condition No. 5, Chapter 71 · DGFT Notification 57/2023 dated 15-01-2024
3
If importing through a nominated agency under the export-against-supply scheme, follow the procedure prescribed in CBIC Circular 23/2018-Cus dated 23-07-2018 and CBIC Circular 27/2016-Cus dated 10-06-2016 for gold, silver, and platinum imports by nominated agencies.
CBIC Circular 23/2018-Cus dated 23-07-2018 · CBIC Circular 27/2016-Cus dated 10-06-2016

A word of counsel

The most common error on this tariff line is filing on the actual-user track without retaining documentary proof that the silver was consumed as manufacturing input — not resold or diverted to third parties. DGFT post-importation verification of actual-user declarations is a live enforcement mechanism; a diversion finding triggers both retrospective Restricted-import enforcement and potential monetary penalty. The nominated-agency and IIBX tracks carry separate procedural obligations under the CBIC circulars that are distinct from the ITC (HS) policy condition itself.

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Frequently asked

Does HSN 7106 92 90 require BIS certification?

No, semi-manufactured silver under this tariff line falls outside the BIS Quality Control Order regime. Import is governed by the ITC (HS) Restricted-import policy administered by the Directorate General of Foreign Trade under Policy Condition No. 5 of Chapter 71, with CBIC procedural circulars applying to nominated-agency imports.

Which industries qualify for the free actual-user import track?

Electrical, electronics, and engineering industries including glass and solar industries qualify when importing semi-manufactured silver paste, sheets, plates, strips, tubes, electrodes, wires, or silver-brazing alloys as input for their own manufacturing process; government or government-recognised R&D institutions also qualify under a separate free-import track per DGFT Notification 57/2023.

Can a jeweller import semi-manufactured silver under this HSN without a nominated-agency authorisation?

Only if the jeweller is a qualified jeweller notified by the International Financial Services Centres Authority (IFSCA) and imports exclusively through the India International Bullion Exchange; all other jeweller imports require a DGFT-notified or RBI-nominated agency and are subject to the Restricted-import policy condition.

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