Wastage Norms
4A.2
Wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows:
| Sl.No. | Item of exports | Percentage of wastage by weight with reference to Gold/Platinum/ Silver content in 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 | 7% | 7% |
| [OLD-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 studded jewellery | 2.5% | 2.5% |
| f) | Gold/silver/platinum medallions and coins (excluding coins of nature of legal tender) | 0.25% | 0.25% |
| g) | Findings and mountings manufactured by mechanized process | 1.25% | 1.25% |
(Above Sl. NO. (b) has been replaced vide
PN. NO. 79/2009, DT. 12/7/2010)