Eximkey - India Export Import Policy 2004 2013 Exim Policy
8.28 The wastage or manufacturing loss on gold/ silver/ platinum jewellery and articles thereof is as follows:

Wastage Norms

 ITEM OF EXPORTS PERCENTAGE OF WASTAGE BY WEIGHT WITH REFERENCE TO GOLD/ PLATINUM/ SILVER CONTENT IN THE EXPORT ITEM
GOLD/PLATINUM SILVER
a. Plain jewellery and articles and ornaments 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 be applicable. 3.5% 4.5%
b. Studded jewellery other than those covered by (a) above and articles thereof 9.0% 10%
c. Mountings and findings manufactured (by non-mechanised process) indigeneously 3.5% 4.5%
d. Chains/ Bangles manufactured by a fully mechanised process and unstudded. 1.25% 1.25%
e. Mountings, whether imported or indigenously procured/ manufactured, used in the studded jewellery 2.5% 2.5%
f. Gold/silver/platinum medallions and coins (excluding the coins of the nature of the legal tender) 0.25% 0.25%
g. Findings and mountings manufactured by mechanized process 1.25% 1.25%


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

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