Gem & Jewellery Replenishment Authorisations
4A.4
The Gem REP Authorisations shall be valid for import of precious stones, semi-precious and synthetic stones and pearls. In addition, the Authorisation shall also be valid for import of empty jewellery boxes upto 5% of the value of the Authorisation within its overall CIF value. The Gem REP Authorisations issued against export of studded gold/silver/ platinum jewellery articles, shall also be valid for import of cut and polished precious/semi-precious stones other than emerald upto 10% of the CIF value of the Authorisation within its overall CIF value.