Studded with diamonds of heading 7102
Diamond-studded jewellery of other precious metal
HSN 7113 19 23 (diamond-studded jewellery of other precious metal) is subject to the ITC (HS) Restricted-import policy administered by the Directorate General of Foreign Trade (DGFT) under Chapter 71 policy condition no. 4, which restricts imports of specified jewellery items originating from South Korea. Where the base metal qualifies as gold above 22 carats, import is additionally confined to nominated agencies notified by the Reserve Bank of India or DGFT under DGFT Notification 22/2015-20 dated 02-09-2021.
- Import Licence from DGFT
- Nominated-agency credential from RBI or DGFT
- Country-of-origin certificate from exporter
- 1Before filing the bill of entry, verify the country of origin. Imports of specified jewellery items from South Korea are Restricted under ITC (HS) Chapter 71 policy condition no. 4; a DGFT import licence or an applicable policy authorisation is required for such consignments.ITC (HS) Import Policy, Chapter 71, policy condition no. 4
- 2If the precious metal component constitutes gold in any form above 22 carats, ensure the importer is a nominated agency notified by the Reserve Bank of India (for banks) or by DGFT (for others). Only such nominated agencies are authorised to import gold in any form above 22 carats; consignments by non-nominated importers are liable to confiscation.DGFT Notification 22/2015-20 dated 02-09-2021
The most common error on this tariff line is overlooking the dual trigger: the South Korea origin restriction and the nominated-agency requirement for gold above 22 carats are independent conditions, and a consignment can breach both simultaneously. An importer who holds a valid DGFT import licence for the South Korea restriction but is not a nominated agency under DGFT Notification 22/2015-20 remains unauthorised to import the gold component, exposing the entire consignment to seizure and confiscation under the Customs Act, 1962.