4A.2
- Document type
- Procedure
- Dated
Wastage Norms
Wastage Norms
4A.2
Wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows:
4A.2
Wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows:
| Item of exports | Percentage of wastage by weight with reference to Gold / Platinum / Silver content in export item | ||
| Gold/ Platinum | Silver | ||
| a) | Plain jewellery and articles and ornaments like Mangalsutra containing gold and black beads / imitation stones, cubic zirconia, diamonds, precious, semi-precious stones. | 3.5% | 4.5% |
| b) | Studded jewellery and articles thereof | 9.0% | 10% |
| c) | Mountings and findings manufactured (by non-mechanised process) indigeneously | 3.5% | 4.5% |
| d) | Any jewellery / articles manufactured by a fully mechanised process and unstudded. | 1.25% | 1.25% |
| e) | Mountings, whether imported or indigenously procured / manufactured, used in studded jewellery | 2.5% | 2.5% |
| f) | Gold / silver / platinum medallions and coins (excluding coins of nature of legal tender) | 0.25% | 0.25% |
| g) | Findings and mountings manufactured by mechanized process | 1.25% | 1.25% |