Unwrought or in powder form
Platinum unwrought or in powder form
HSN 7110 21 00 (Platinum, unwrought or in powder form) is governed by the ITC (HS) import policy administered by the Directorate General of Foreign Trade (DGFT). Import of standard platinum under this tariff line is Free; however, palladium alloy containing more than 1% gold by weight is Restricted under DGFT Notification 18/2025-26 dated 17-06-2025.
- ITC (HS) policy declaration from DGFT
- Import Licence from DGFT
- 1Determine whether the imported material is pure platinum or a palladium alloy containing more than 1% gold by weight before filing the bill of entry. Standard platinum unwrought or in powder form is Free to import; the palladium-gold alloy category is Restricted and requires a DGFT import licence.DGFT Notification 18/2025-26 dated 17-06-2025
- 2If the consignment is a palladium alloy with gold content exceeding 1% by weight, obtain a DGFT import licence under the Restricted-import policy before shipment. File the licence and supporting composition documentation with the bill of entry to enable customs out-of-charge.DGFT Notification 18/2025-26 dated 17-06-2025
The most common error on this tariff line is assuming the Free-import status of platinum applies universally across all materials classified here. The Restricted carve-out targets palladium alloys with gold content above 1% by weight — a composition threshold that is not visible from the tariff description alone. Importers should obtain a certified assay report confirming gold content before shipment; presenting an alloy at the port without a DGFT licence when gold content exceeds 1% renders the consignment liable to detention and Restricted-import enforcement.