No Advance Authorisation for ‘Gold Medallions and Coins’ or ‘Gold Jewellery/Articles Manufactured by Mechanical Process’

[DGFT Notification No. 25 dated 10^th August 2020]

Effect of the Notification: Advance Authorisation shall not be issued where item of export is ‘Gold Medallions and Coins’ or ‘Gold Jewellery/Articles Manufactured by Mechanical Process’.

Subject: Issue of Advance Authorisation where export item is Gold medallions and coins or Gold Jewellery/Articles manufactured by fully mechanised process.

In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with Paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby makes following amendments in Foreign Trade Policy 2015-20.

Para 4.37 is amended by adding the following point:

4.37(d): Advance Authorisation Scheme is not available where the item of export is ‘Gold Medallions and Coins’ or ‘Gold jewellery/articles manufactured by fully mechanised process’.