Release of Gold/Silver/ Platinum by Nominated Agencies

4.64

The gold/silver/platinum shall be released to the exporter of jewellery by the nominated agencies/RBI authorised banks in multiples of 10 gms or in Ten Tola Bars in respect of golds. However, silver shall be released to the exporters in multiples of 1 Kg only. Any balance of gold/ silver/ platinum shall be available to the exporters along with his future entitlement. The gold/ silver shall be released by the nominated agencies in terms of 0.995/0.999 fineness and platinum in terms of 0.900 fineness or more.