Publication of notification on commodity trading under section 3(1)(e)(xiv) of the International Financial Services Centres Authority Act, 2019.
The Gazette of India
CG-DL-E-13112026-277890
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 5956] NEW DELHI, FRIDAY, NOVEMBER 13, 2026/KARTIKA 22, 1948
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 13th November, 2026
S.O. 6195(E).— In exercise of the powers conferred by sub-clause (xiv) of clause (e) of sub-section (1) of section 3 of the International Financial Services Centres Authority Act, 2019 (50 of 2019), the Central Government hereby notifies ‘commodity trading’ as financial service.
Explanation. – For the purpose of this notification, –
(a) “commodity” shall mean goods of every description, which are capable of being delivered and traded, but excludes:- (i) actionable claims, money, currency, securities; (ii) any species or specimens listed under the Convention on International Trade in Endangered Species of Wild Fauna and Flora; and (iii) any items specified under Special Chemicals, Organisms, Materials, Equipment and Technologies by the Central Government;
(b) “commodity trading” shall mean trading of a commodity under a commodity trading contract by a unit of an International Financial Services Centre, involving its shipment from one country to another, or within a foreign country, with or without touching Indian ports.
2. The activity of commodity trading shall be subject to the provisions of the applicable laws in force in India.
3. This notification shall come into force on the date of its publication in the Official Gazette.
[F. No. 3/15/2022-EM]
ALOK TIWARI, Jt. Secy
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