8.28A The value addition will be calculated with reference to the value of gold/silver/ platinum content including admissible wastage. The minimum value addition shall be:

S.NO.	ITEM OF EXPORT	MINIMUM VALUE ADDITION
a)	Studded gold/platinum /silver Jewellery and articles thereof other than those covered by entry (b) below	15%
b)	Plain gold/platinum /silver jewellery/ Articles and ornaments like Mangalsutra Containing gold and black beads/ Imitation stones, cubic zirconia etc. only but excluding diamonds, precious & semi-precious stones. However, if the per gram value of the semi-precious stones utilised in the making of jewellery/ articles is less than the per gram value of gold/silver/ platinum, the value addition of only 10% as has been prescribed for plain jewellery shall be achieved.	10%
c)	Gold/ platinum/ silver unstudded Chains and bangles manufactured by fully mechanised process	3%
d)	Gold/ silver/ platinum medallions & coins (excluding the coins of the nature of legal tender)	3%
e)	Gold/silver/platinum findings/ mountings manufactured by mechanised process	5%

(Please refer CUS CIR NO.37/2002 DATE 28/06/2002)