Refineries and silver bullion dealers trade fine silver bars.
HSN code 71069221 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Silver bars of 99.9 percent purity or above in semi-manufactured form, subject to RBI regulations.
Include assay and hallmark details, and follow RBI regulations for cross-border movement.
Related HSN Codes (Heading 7106)
- 71061 For the purposes of sub-headingsFree
- 71061000Import is allowed only through nominated agencies as notifiedRestricted
- 710691Other :-- UnwroughtFree
- 71069110Import is allowed only through nominated agencies as notified by RBI (in case of banks), DGFT (for other agencies) and by qualified jewellers as notified byRestricted
- 71069120Import is allowed only through nominated agencies as notified by RBI (in case of banks), DGFT Containing 99.9 per cent. or (for other agencies) and byRestricted
- 71069190Import is allowed only through nominated agencies as notified by RBI (in case of banks) andRestricted
Frequently Asked Questions
No. HSN 71069221 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
High purity semi-manufactured silver bars are classified here.
HSN 71069221 falls under Chapter 71 and Heading 7106 of India's customs tariff schedule.
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