Key Takeaway: 

• Imports of platinum in unwrought, powder, and other forms now require approval from authorities. 

• Platinum alloys with 99% or more purity remain exempt and can be freely imported.
  
  

Why is this important? 

• For Importers: They must now obtain a special license before bringing in these types of platinum, which could slow down the import process and increase costs. 

• For Industries Using Platinum: Businesses in jewellery, electronics, automotive, and medical sectors that rely on platinum may face supply chain challenges or price increases. 

• For the Government: This measure could help regulate platinum imports, control market fluctuations, and prevent potential misuse (such as illegal trading or money laundering).