Articles of gold

Goldsmiths' wares of gold, nominated-agency imports

DGFT CLEARANCE

HSN 7114 19 10 (Articles of gold) carries a Restricted import status under the ITC (HS) policy administered by the Directorate General of Foreign Trade (DGFT), pursuant to S.O. 3111 and DGFT Notification 19/2023-24 both dated 12-07-2023. Gold in any form above 22 carats may be imported only by nominated agencies notified by the Reserve Bank of India (for banks) or by DGFT (for others), per DGFT Notification 22/2015-20 dated 02-09-2021. Imports from South Korea of specified items under this heading are additionally restricted under Policy Condition No. 4 to Chapter 71.

What this is

HSN code

7114 19 10

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, Chapter 71 (S.O. 3111 and DGFT Notification 19/2023-24)

Customs documentation

Nominated agency authorisation from DGFT or RBI
Restricted import declaration from DGFT
Policy condition compliance from CBIC

Compliance steps

1
Confirm that the importing entity holds a valid nominated-agency authorisation issued by RBI (for banks) or DGFT (for other agencies) before placing the purchase order. Gold in any form above 22 carats imported by any non-nominated entity is a Restricted-policy breach attracting confiscation and monetary penalty under the Customs Act, 1962.
DGFT Notification 22/2015-20 dated 02-09-2021 · ITC (HS) Restricted import policy, Chapter 71
2
Verify that the consignment does not originate from South Korea as a specified item restricted under Policy Condition No. 4 to Chapter 71. Where South Korean origin is involved, obtain the specific import authorisation or confirm exclusion from the specified-items list before filing the bill of entry.
S.O. 3111 dated 12-07-2023 · DGFT Notification 19/2023-24 dated 12-07-2023 · Policy Condition No. 4 to Chapter 71

A word of counsel

The most common error on this tariff line is misreading the 22-carat threshold: the nominated-agency obligation applies to gold 'in any form above 22 carats,' meaning the restriction attaches to the metal content of the goldsmiths' article, not merely to bullion or coin. Importers who classify an article as fabricated jewellery and assume the general Restricted-policy channel applies—rather than the nominated-agency channel—face confiscation of the consignment at the bill-of-entry stage where the caratage is verified against the import permit.

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Frequently asked

Does HSN 7114 19 10 require BIS certification?

No, no BIS Quality Control Order covers goldsmiths' wares of gold under this tariff line. Import is governed by the ITC (HS) Restricted import policy administered by the Directorate General of Foreign Trade, with the additional nominated-agency requirement under DGFT Notification 22/2015-20 for gold above 22 carats.

Who qualifies as a nominated agency for importing gold above 22 carats?

Nominated agencies are those specifically notified by the Reserve Bank of India in the case of banks, and by DGFT in the case of other entities, per DGFT Notification 22/2015-20 dated 02-09-2021; no other importer is authorised to import gold above 22 carats under this tariff line.

What additional restriction applies to imports from South Korea?

Policy Condition No. 4 to Chapter 71, read with S.O. 3111 and DGFT Notification 19/2023-24 dated 12-07-2023, restricts imports of specified items from South Korea; the consignment must be confirmed outside the specified-items list or covered by a specific authorisation before the bill of entry is filed.

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