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Global Trade Alert

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India: Restrictions on gold imports

Description

On 13 May 2013, the RBI issued A.P (DIR Series) Circular No. 103 restricting the import of gold on consignment basis by nominated banks. Such imports on consignment can henceforth be used only to mee...

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Intervention Details

Intervention Type

Selective import channel restriction

MAST Chapter

Instrument unclear

Implementation date

13 May 2013

Revocation date

28 Nov 2014

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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