4.61
Value Addition
Under scheme for export of jewellery, value addition shall be calculated as per paragraph 4.38 of FTP. Minimum value addition shall be:
|
Sl No |
Items of export |
Minimum Value Addition |
|
a) |
Plain gold / platinum / silver jewellery and Articles and ornaments like Mangalsutra containing gold and black beads / imitation stones, except in studded form of jewellery. |
3.5% |
|
b) |
All types of Studded gold / platinum / silver Jewellery and articles thereof. |
6.0% (for those studded with coloured Gem stones) and 7.0% (for those studded with diamonds). |
|
c) |
Any jewellery / articles manufactured by fully mechanized process |
2% |
|
d) |
Gold / silver / platinum medallions & coins (excluding coins of nature of legal tender) |
1.5% |
|
e) |
Gold / silver / platinum findings / mountings manufactured by mechanized process |
2.5% |
|
f) |
Gold religious idols (only gods and goddess) of 8 carats and above (upto 24 carats) |
10% in case of plain gold religious idols (Non studded)
14% in case of gold religious idols studded with colour gem stones,
15% in case of gold religious idols studded with diamonds |
(Above f) has been inserted vide PUBLIC NOTICE NO.51/2018, DT. 30/11/2018)