4A.2
Wastage Norms
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, semiprecious stones. |
3.5% |
4.5% |
|
b) |
Studded jewellery and articles thereof |
7.0% |
7.0% |
|
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%
|