Wastage Norms
8.28 The wastage or manufacturing loss on gold / silver / platinum jewellery and articles thereof is as follows:
Wastage Norms
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Item of exports Percentage of wastage by weight with
reference togold /platinum / silver content
in the export item
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Gold / Platinum Silver
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a. Plain jewellery and articles and ornaments 3.5% 4.5%
like Mangalsutra containing gold and black
beads / imitation stones, cubic zirconia
etc. but excluding diamonds, precious,
semi-precious stones. However, if the per
gram value of the semi-precious stones
utilised in the making of the jewellery
/ articles is less than the per gram
value of gold / silver / platinum, the
wastage norms of plain jewellery shall
b. Studded jewellery other than those covered 9.0% 10%
by (a) above and articles thereof
c. Mountings and findin 3.5% 4.5%
d. Chains / Bangles manufactured by a fully 1.25% 1.25%
mechanised process and unstudded
e. Mountings, whether imported or indigenously 2.5% 2.5%
procured / manufactured, used in the studded
jewellery
f. Gold / silver / platinum medallions and coins 0.25% 0.25%
(excluding the coins of the nature of the
legal tender)
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