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Pearls, precious stones and metals, jewellery

Import export policy: Pearls, precious stones and metals, jewellery (HS 71)

Is import or export free, restricted or prohibited for pearls, precious stones and metals, jewellery? HS chapters 71 to 71: what each covers, DGFT policy lines, which licences.

Official sources checked: 2 Oct 2026

Section XIV of the Harmonised System covers pearls, precious stones and metals, jewellery. For each chapter below you see what it covers, whether export or import is free, restricted or prohibited in the DGFT documents we read, which India-side licences usually apply, and the official trade values for FY 2025-26.

HS chapter	Exports, US$ million	Imports, US$ million	Export policy	Import policy
71: Pearls, gems, precious metals and jewellery	28,344	1,09,429	Free in general	1 restricted code(s)

Trade values are in US$ million for the financial year 2025-26 (April 2025 to March 2026), as published by TradeStat, Department of Commerce (data from DGCI&S) and fetched on 2026-10-02. They can be revised later. Shares and changes are calculated from those figures. Year-on-year change compares 2025-26 with 2024-25.

How to read the policy columns

"Free in general" means we found no restricted, prohibited or STE line for this chapter. Policy changes by DGFT notification. The import notes come from DGFT's lists of restricted (407 codes) and prohibited (88 codes) imports, both as on 12 June 2019. The export notes come from DGFT's chapter-wise export schedule, 2021 edition. Check your 8-digit code on DGFT's policy search for the current position.

Chapter by chapter

Chapter 71: Pearls, gems, precious metals and jewellery

Diamonds, coloured gemstones, pearls, gold, silver, platinum and jewellery.

Exports from India

FY 2025-26: US$ 28,344 million, -5.4% on 2024-25. Largest destinations (US$ million): UAE (8,688), Hong Kong (6,124), USA (5,117), Belgium (1,609).

No restricted, prohibited or STE line found for this chapter in the schedule we read.

Usually needed: GJEPC

Imports into India

FY 2025-26: US$ 1,09,429 million, +23.0% on 2024-25. Largest sources (US$ million): UAE (24,826), Switzerland (20,781), Hong Kong (10,006), Peru (7,993).

Restricted: gold of heading 7108 (monetary gold).

Usually needed: DGFT policy lines

Common questions

Is export of pearls, precious stones and metals, jewellery free?

Generally yes, except the prohibited, restricted and STE lines shown for each chapter. We found no restricted, prohibited or STE line for these chapters in the schedule we read.

Is import of pearls, precious stones and metals, jewellery free?

Generally yes, except the codes on DGFT's restricted and prohibited lists. For these chapters the 2019 lists show 1 restricted and 0 prohibited codes.

Where do I check the current policy?

On DGFT's ITC (HS) policy search for your 8-digit code. Policy changes by notification.

Is Govt License a government website?

No. Govt License is an independent guide. We link to the official government portals where you apply and pay. Always confirm the fee on the portal before paying.