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Govt tightens import controls on platinum jewellery  to curb misuse of FTA

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The government has tightened import controls on select platinum jewellery categories by imposing licensing requirements until April 30, 2026, to curb misuse of free trade agreements (FTAs), particularly with ASEAN nations. A DGFT notification revised the import policy for these items from “Free” to “Restricted,” making licences mandatory for imports.

The government on Monday restricted imports of unstudded articles of platinum jewellery until 30 April 2026, following the misuse of the zero per cent import clause.Until now, such articles, with 90% gold content, could be freely imported. However, some traders were importing these at zero duty from Indonesia under the India-Asean free trade agreement over the past few weeks and converting them into gold bars, evading the 6% duty on gold imports.

Officials said the step follows instances of traders exploiting duty differentials under the India-ASEAN FTA to route precious metals into India by declaring them as unstudded jewellery. Thailand has been identified as a key source of such practices. Authorities noted that some traders were attempting to bypass tariffs for quick gains, and the new restrictions aim to prevent such circumvention while strengthening rules of origin for future compliance. Consignments were landing at Amritsar and Delhi airports, and the jewellery was melted and converted into platinum bars, which were then sold in the domestic market, evading a 6.4% duty on such bars due to their 90% gold content.

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Harit Zaveri Jewellers Celebrates A Bride’s Royal Spirit In An Indian Wedding With Its New Polki Collection

A Celebration Of Regal Femininity, Heirloom Craftsmanship, and The Refreshing Depth Of Emeralds.

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June 2026 A bride’s jewellery is never merely ornamental, it carries sentiment, memory, and the quiet power of tradition. With its newest Polki Collection, Harit Zaveri Jewellers introduces a refined take on royal Indian bridal jewellery, thoughtfully designed for the modern bride who embraces heritage while expressing her individuality with confidence and grace.

Crafted between 18kt to 14kt gold and enriched by Emeralds, Harit Zaveri Jewellers Polki collection celebrates a bride in her most transformative moment – poised between reflection and becoming. Every jewellery piece in the collection is designed to accompany her through this pause.

At the heart of the collection lies the richness of polki craftsmanship – raw, uncut diamonds admired for their old-world charm and regal appeal, long associated with royal Indian heirlooms. Paired with vivid emeralds, known to symbolise renewal, harmony, love, and abundance, the collection brings together heritage and elegance. The richness of green emeralds adds depth and freshness, creating jewels that feel both classic and strikingly modern.

The collection features an expansive range of statement and versatile pieces including necklaces, kadas, rings, earrings, and bridal sets, thoughtfully embellished with emeralds, pearls, and polki detailing.

This collection from Harit Zaveri Jewellers compliments classic reds and heritage weaves to contemporary ivories, pastels, and couture silhouettes. Whether layered with a traditional lehenga, paired with a modern sari drape, or styled for intimate pre-wedding celebrations, these pieces seamlessly adapt while elevating every bridal look with a quiet majesty.

These pieces are envisioned as modern heirlooms, where meticulous craftsmanship, precious materials, and timeless artistry come together to create pieces worthy of being passed down through generations.

Harit Zaveri, Joint Managing Director at Harit Zaveri Jewellers said:

“At Harit Zaveri Jewellers, we have always believed bridal jewellery should feel personal, something that reflects a bride’s story and individuality. Many of our clients naturally gravitate towards one-of-a-kind pieces that resonate with their personality and become part of their memories for years to come. With this Polki collection, we wanted to celebrate craftsmanship with the richness of emeralds, a stone that beautifully complements a variety of bridal colours and effortlessly completes a look. Above all, quality remains at the heart of everything we create because we believe jewellery should feel as enduring as the memories and moments attached to it.”

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