IFSCA vide circular dated June 15, 2026 has made amendment to its earlier circular dated October 10, 2025 titled
“Import of gold or silver by Qualified Jewelers and valid India-UAE CEPA TRQ holders through IIBX”.
The amendment inter-alia includes relaxing the eligibility criteria for notification of an SEZ unit, holding a valid Letter of Approval and having export of jewellery as one of its authorised operations, as a Qualified Jeweller by removing the minimum net worth requirement specified in the Circular.
It has also been decided to broaden the eligibility criteria for notification of an entity as a Qualified Jeweller by including a holder of valid Registrationcum-Membership Certificate (RCMC) issued by The Gem & Jewellery Export Promotion Council (GJEPC).
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