APPENDIX 12B

REPLENISHMENT SCALE FOR GEM REP LICENCE

(Pls see paragraph 4A.4.1 of HBPv1)

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.