4.60
Wastage Norms
Maximum wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows:
|
Sl No |
Items of export |
Percentage of wastage by weight with reference to Gold/ Platinum / Silver content in export item |
|
|
|
Gold / platinum |
Silver |
|
a) |
Plain jewellery, articles, and ornaments like Mangalsutra containing gold and black beads /imitation stones, cubic zirconia diamonds, precious, semi-precious stones. |
2.5 % |
3.2 % |
|
b) |
Studded jewellery and articles thereof |
5.0 % |
5.0 % |
|
c) |
Mountings and findings manufactured (by nonmechanised process) indigenously |
2.5 % |
3.2 % |
|
d) |
Any jewellery/ articles manufactured by a fully mechanised process and unstudded. |
0.9 % |
0.9 % |
|
e) |
Mountings, whether imported or indigenously procured/ manufactured, used in studded jewellery |
1.8 % |
1.8 % |
|
f) |
Gold / silver / platinum medallions and coins (excluding coins of nature of legal tender) |
0.2% |
0.2% |
|
g) |
Findings and mountings manufactured by mechanized process |
0.9% |
0.9% |
|
h) |
Gold religious idols (only gods and goddess) of 8 carats and above (upto 24 carats) |
Percentage of wastage Plain Gold idols – 2.5%
Studded Gold idols-5% |
(Above h) has been inserted vide PUBLIC NOTICE NO.51/2018, DT. 30/11/2018)