APPENDIX 12B
REPLENISHMENT SCALE FOR GEM REP LICENCE
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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