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Procedure

APPENDIX - 26A

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Procedure
Dated

REPLENISHMENT SCALE FOR GEM REP LICENCE

APPENDIX - 26A
REPLENISHMENT SCALE FOR GEM REP LICENCE

Please see paragraph 4.4.14 of the Policy and paragraph 4.58 & 4.58.1 of this Handbook.

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 stones50% on fob value of such stones

(iii)Pearls60% on fob value of such pearls.

(iv)Plain Gold/Silver Jewellery and articles50%

(v)Plain platinum jewellery and articles50%


NOTE: For diamonds and precious stones, entitlement may be arrived at 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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