Updated on September 16, 2025 01:18:50 PM
Gold dore bars are a type of gold alloy that typically contains a high percentage of gold. In certain instances, gold dore can even be pure gold, although there are no set standards or consistent norms for its composition.
The import of gold dore is regulated by the Indian government, and it requires specific authorization. According to the Indian Trade Classification (Harmonized System) of 2017, gold dore imported under the Exim code 71081200 is classified as "Restricted items in India.
In a trade notice it was announced that only applicants with a valid license from the Bureau of Indian Standards (BIS) could apply for import authorization of gold dore. Additionally, before obtaining a BIS license, the refinery must be accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL).
This regulation aims to ensure the purity and quality of gold dore imported into the country and to prevent the import of substandard or counterfeit products. The BIS license and NABL accreditation requirements help to ensure that the gold dore meets the specified standards and that the refineries involved in its production adhere to recognized quality control procedures.
In India, importing some items is prohibited under the Customs Act, aiming to protect public health, national security, and the environment. Temporary bans may be imposed for different reasons. Importers must obtain authorization for restricted items, which is granted upon evaluation and satisfaction of the application.
Here are some key points to consider regarding the import of banned items in India:
A fee of one per mille or a fraction thereof, subject to a minimum of 500 rupees and a maximum of 1 lakh rupees, is levied on CIF value for import authorization. The procurement of import authorization for restricted items in India from the Director General of Foreign Trade (DGFT) typically takes around 4-5 working days.
Provide all the related documents and related details regarding items that you want to import.
Once all the documentation is provided our exports will file an application for the same with respective authorities for your import authorisation of said restricted item.
After the verification of documentation by the concerning authorities the approval for import of restricted items will be granted.
It would take around 3-5 working days to get import authorization once the verification and documentation is completed with the DGFT.
The restrictions on imports of live animals are imposed for various reasons, including:
Conclusion
Importing restricted items in India requires meticulous attention to legal compliance. To ensure a smooth and compliant import process, importers are strongly advised to consult with professionals.
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Frequently Asked Questions
The govt fee for import authorisation ranges from INR 500 - 100k depending upon the nature and quantity of product.
It takes around 3-4 days to get import authorisation for restricted items from DGFT
You can get your import authorisation from DGFT with us in just a few simple steps.
Yes, as per the guidelines of waste management policy all the importers of lead or e-waste are required to meet their EPR target, failing to comply with CPCB guidelines can invite heavy penalties by the authorities.
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