India caps duty-free gold imports at 100 kg per advance authorisation, squeezing jewellers

The government has restricted gold imports under the advance authorisation scheme to 100 kg per licence to curb misuse of duty-free routes. The move tightens sourcing for jewellery exporters and could lift input costs for retailers like Tanishq, Kalyan and Malabar Gold dependent on bulk duty-free gold.

— FiledWed, 10 Jun, 2026, 23:04 IST·First seen Wed, 10 Jun, 2026, 23:03 IST·Source Moneycontrol · Results

What happened

Government of India · Government caps gold imports under advance authorisation scheme at 100 kg per authorisation to curb misuse of duty-free imports, with

Key facts

  • 100 kilograms

Why this matters

Smaller jewellery exporters losing bulk duty-free access could become acquisition or consolidation targets as scale players with diversified sourcing absorb stranded volumes.

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