1. Application Deadline:
  • Last date for submitting TRQ applications for gold bullion import under India-UAE CEPA is 28th February 2025.
  1. Purpose of Import (Mandatory Declaration):
  • Applicants must specify if the import is for: Manufacturing, Trading Purposes, Both
  1. Supporting Documents Required:
  • Applicants must provide turnover details for goods under IHS Codes 7108, 7113, 7114, and 7118 (Chapter 71 of ITC HS), submit financial statements in Format A & B, and include certification from a Chartered Accountant (CA) based on GST filings for the relevant period.
  1. a) For the past 3 years (FY 2021-22, FY 2022-23, FY 2023-24):

Sr No.

Nature of the sale

Turnover (₹Lakhs.) in FY 2021-22

Turnover ( (₹ Lakhs.) in FY 2022-23

Turnover ( (₹ Lakhs.) in FY 2023-24

Total Turnover ( (₹ Lakhs.) since FY 2021-22

1

Manufacturing (of goods falling under HS Codes 7113, 7114, and 7118)

       

2

Trading of goods ling under HS Codes 7108, 7113, 7114, and 7118)

       
  1. b) For current financial year (FY 2024-25):

Sr No.

Nature of the sale

Turnover (₹ Lakhs.) in FY 2024-25

1

Manufacturing (of goods falling under HS Codes 7113, 7114, and 7118)

 

2

Trading (of goods falling under HS Codes 7108, 7113, 7114, and 7118)

 

Note: Applicants must enter the relevant turnover details in the online application as per the table above and ensure its submission as part of their online filing.

  1. Amendment of Submitted Applications:
  • Applicants can amend their already submitted applications to include the required details regarding the purpose of import.
  1. Allocation of 180 MT:
  • The Special EFC (Empowered Committee) will decide on the allocation procedure for the 180 MT of gold bullion during its first meeting, based on available information.
  1. Monthly Review:
  • TRQ allocation will be reviewed every 6 months; if utilization is below 25%, 50% of the remaining quantity will be surrendered and reallocated, based on Bills of Entry in the DGFT online repository.

Notification Reference: DGFT
Trade Notice No. 30/2024-25
(12/02/2025)

Leave a Reply

Your email address will not be published. Required fields are marked *