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Procedure

4.60

Document type
Procedure
Dated

Wastage Norms

4.60

Wastage Norms

Maximum wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows:
 

Sl No Items of export Percentage of wastage by weight with reference to Gold/ Platinum / Silver content in export item
Gold / platinum Silver
a) Plain jewellery, articles, and ornaments like Mangalsutra containing gold and black beads /imitation stones, cubic zirconia diamonds, precious, semi-precious stones. 2.5 % 3.2 %
b) Studded jewellery and articles thereof 5.0 % 5.0 %
c) Mountings and findings manufactured (by non- mechanised process) indigenously 2.5 % 3.2 %
d) Any jewellery/ articles manufactured by a fully mechanised process and unstudded. 0.9 % 0.9 %
e) Mountings, whether imported or indigenously procured/ manufactured, used in studded jewellery 1.8 % 1.8 %
f) Gold / silver / platinum medallions and coins (excluding coins of nature of legal tender) 0.2% 0.2%
g) Findings and mountings manufactured by mechanized process 0.9% 0.9%

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