Wastage Norms
4A.2
The wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows:
S.No. | Item of exports | Percentage of wastage by weight with reference to Gold/ Platinum/Silver content in the export item |
Gold/ Platinum | Silver |
a. | Plain jewellery and articles and ornaments like Mangalsutra containing gold and black beads/imitation stones, cubic zirconia diamonds,precious, semi-precious stones. | 3.5% | 4.5% |
b. | Studded jewellery and articles thereof | 9.0% | 10% |
c. | Mountings and findings manufactured (by non-mechanised process) indigeneously | 3.5% | 4.5% |
d. | Any jewellery/articles manufactured by a fully mechanised process and unstudded. | 1.25% | 1.25% |
e. | Mountings, whether imported or indigenously procured/ manufactured, used in the studded jewellery | 2.5% | 2.5% |
f. | Gold/silver/platinum medallions and coins (excluding the coins of the nature of the legal tender) | 0.25% | 0.25% |
g. | Findings and mountings manufactured by mechanized process | 1.25% | 1.25% |