Industry experts say the decision is aimed at curbing rising imports of such jewelery from ASEAN countries. By tightening import rules, the government seeks to regulate inflows of silver jewelery products that may be entering the country at lower duties through trade agreements. (A representative image) Photo Credit: SIVAKUMAR PV
The government on Monday imposed import curbs on silver jewelery studded with cheap diamonds till June 30 this year, according to a notification.
“The import policy of items…is revised from free to restricted for the period up to June 30, 2026, with immediate effect,” the Directorate General of Foreign Trade said.
The move is aimed at curbing imports of silver from Asean countries, according to an industry expert.
Published on March 16, 2026