Containing 99.0 percent or more by weight of platinum
Unwrought platinum and platinum powder, high purity
HSN 7110 11 11 (Containing 99.0 percent or more by weight of platinum) carries a Free import policy under the ITC (HS) schedule administered by the Directorate General of Foreign Trade (DGFT), with no licence or permit required at the bill-of-entry stage. DGFT Notification 8/2025-26 dated 19 May 2025 confirms the current Free status for this tariff line.
- Import declaration from DGFT
- Bill of entry from CBIC
- 1Verify at the time of filing the bill of entry that the import policy for this CTI remains Free under the ITC (HS) schedule. Confirm against DGFT Notification 8/2025-26 dated 19 May 2025, which governs the current Free status.DGFT Notification 8/2025-26 dated 19-05-2025
- 2Ensure the consignment documentation accurately states the platinum purity as 99.0 percent or more by weight, as this is the precise threshold for classification under HSN 7110 11 11. Purity below this threshold attracts a different tariff line and may carry a different import-policy condition.ITC (HS) Chapter 71; DGFT Notification 8/2025-26 dated 19-05-2025
The most common error on this tariff line is misclassifying platinum of marginally lower purity — material falling below 99.0 percent by weight does not qualify for HSN 7110 11 11 and may be captured by an adjacent CTI with a different policy condition. Importers should obtain a verifiable assay certificate from the foreign supplier before shipment; a purity discrepancy identified at customs may result in reassessment, detention, and demurrage while reclassification is resolved.