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India FTA Duty Toolkit

Import duty on Silver, unwrought — 99.9% purity or higher (HS 71069120) from the UAE to India

HS 71069120 · UAE to India · SILVER

Data last updated: · MFN duty & IGST verified against ICEGATE (Indian Customs EDI). CEPA preferential rate per the India–UAE CEPA schedule. Verify your exact HS line before filing.

Duty breakdown on a ₹10,00,000 shipment

Component Standard (MFN) CEPA
Basic customs duty ₹1,00,000 ₹60,000
Social Welfare Surcharge ₹10,000 ₹6,000
IGST ₹33,300 ₹31,980
Total duty ₹1,43,300 ₹97,980

CEPA duty saving on this example: ₹45,320 . Run your own numbers in the import-duty estimator.

What drives the rate

Importing silver, unwrought — 99.9% purity or higher (HS 71069120) from the UAE to India attracts a standard MFN basic customs duty of 10%. Under the India–UAE CEPA the preferential basic customs duty is 6%. On a sample assessable value of ₹10,00,000, total duty falls from ₹1,43,300 at the MFN rate to ₹97,980 with CEPA — a saving of ₹45,320 per shipment. Fine silver at 99.9% or above is the investment- and industrial-grade form used in bullion, contacts and electronics, and it moves in large value lots through the Dubai-to-India channel. It carries the same phased 6% CEPA basic duty and the light 3% value-addition origin rule. The practical issue is documentation depth: on high-purity, high-value consignments customs verifies both assay and origin closely, and any gap between the refiner's certificate, the invoice and the Certificate of Origin invites a demand at the full MFN rate. Reconcile all three before filing. Social Welfare Surcharge adds 10% on the basic duty and 3% IGST applies on top — though IGST is recoverable as input tax credit, so the lasting benefit is the basic-duty saving. Always confirm the live rate for HS 71069120 on ICEGATE or CBIC before filing.

Import compliance & clearances

Beyond duty, importing silver, unwrought — 99.9% purity or higher (HS 71069120) into India requires the following regulatory clearances. The CEPA preferential rate does not waive any of these — they apply regardless of origin.

  • DGFT Restricted — gold/silver importable only through nominated agencies / qualified jewellers; CEPA TRQ imports routed through IIBX source ↗

Indicative and non-exhaustive — verify the current DGFT / BIS / FSSAI / CDSCO notification for your exact 8-digit HS line before importing. Not customs or legal advice.

Frequently asked questions

What is the import duty on silver, unwrought — 99.9% purity or higher from the UAE to India?
The standard MFN basic customs duty is 10%; under India–UAE CEPA the preferential rate is 6%. SWS adds 10% on the basic duty and 3% IGST applies on the CIF + BCD + SWS base.
How much can CEPA save on silver, unwrought — 99.9% purity or higher?
On a CIF value of ₹10,00,000, total duty falls from ₹1,43,300 (MFN) to ₹97,980 (CEPA) — about ₹45,320 saved per shipment, scaling with consignment value.
What do I need to claim the CEPA rate on silver, unwrought — 99.9% purity or higher?
A valid preferential Certificate of Origin (eCoO 2.0) proving UAE origin under the Rules of Origin. Without it, customs charges the 10% MFN rate.