Global Trade Alert
Global Trade Alert

India: Restrictions on gold imports

Announcement

13 May 2013

In May 2013, the government of India announced a change in import formalities.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 May 2013

Revocation date:

28 Nov 2014

Updated: 13 May 2013
Selective import channel restriction

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 on...

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