APPENDIX - 26A
REPLENISHMENT SCALE FOR GEM REP LICENCE
Please see paragraph 4.4.14 of the Policy and paragraph 4.58 & 4.58.1 of this Handbook.
S.NO. | GEM REPLENISHMENT SCALE | %AGE OF ENTITLEMENT ON REMAINING FOB VALUE OF EXPORTS |
i) | a). Cut and polished Emeralds/ Rubies/ Sapphires in Jewellery valued upto US$ 350 per carat fob. | 60% for uncut and unset Emeralds Rubies/Sapphires
|
b). Cut and polished Emeralds/ Rubies/Sapphires in Jewellery valued above US$ 350 per carat fob. | 80% for uncut and unset Emeralds Rubies/Sapphires
|
(ii) | All varieties of semi-precious stones and synthetic stones | 50% on fob value of such stones
|
(iii) | Pearls | 60% on fob value of such pearls.
|
(iv) | Plain Gold/Silver Jewellery and articles | 50%
|
(v) | Plain platinum jewellery and articles | 50%
|
NOTE: For diamonds and precious stones, entitlement may be arrived at separately on the basis of overall average of per carat realisation. For semi-precious/synthetic stones and pearls, the entitlement may be worked out on an individual basis. The total will be the value of the Gem Replenishment Licence.
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