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Procedure

APPENDIX 12B

Document type
Procedure
Reference no.
A
Dated

REPLENISHMENT SCALE FOR GEM REP LICENCE

APPENDIX 12B

REPLENISHMENT SCALE FOR GEM REP LICENCE


(Please see paragraph 4A.13 of FTP and 4A.4.1 of HBPv1)


S. No. GEM REPLENISHMENT SCALE %AGE OF ENTITLEMENT ON REMAINING FOB VALUE OF EXPORTS
i) a). Cut and polished Emeralds/ Rubies/ Sapphires in Jewellery valued upto US$ 350 per carat fob. 60% for uncut and unset Emeralds Rubies/Sapphires
b). Cut and polished Emeralds/ Rubies/Sapphires in Jewellery valued above US$ 350 per carat fob. 80% for uncut and unset Emeralds Rubies/Sapphires
ii) All varieties of semi-precious stones and synthetic stones 50% on fob value of such stones
iii) Pearls 60% on fob value of such pearls.
iv) Plain Gold/Silver Jewellery and articles 50%
v) Plain platinum jewellery and articles 50%


NOTE : For diamonds and precious stones, entitlement may be arrived a separately on the basis of overall average of per carat realisation. For semi-precious/synthetic stones and pearls, the entitlement may be worked out on an individual basis. The total will be the value of the Gem Replenishment Licence.
 

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