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Procedure

APPENDIX 30 B

Document type
Procedure
Dated

REPLINISHMENT SCALE FOR GEM REP LICENCE

Please see paragraph 8.39 of the Policy and paragraph 8.30 and 8.31 of this Handbook. S.NO. GEM REPLENISHEMENT SCALE %AGE OF ENTITLEMENT ON REMAINING FOB VALUE OF EXPORTS (i) Upto US$ 200 per carat 60% for diamonds uncut and unset (a) Above US$200 per carat 70% for diamonds uncut and unset and upto US$350 per carat for diamonds (b) Above US$ 350 per carat 80% for diamonds uncut and unset for diamonds. (ii) (a) Cut and polished Emeralds/ 60% for uncut and unset Emeralds/ Rubies / Sapphires in Rubies / Sapphires Jewellery valued upto US$ 350 per carat fob. (b) Cut and polished Emeralds/ 80% for uncut and unset Rubies / Sapphires in Emeralds/ Rubies / Sapphires Jewellery valued upto US$ 350 per carat fob. (iii) All varieties of semi-precious 50% on fob value of such stones stones and synthetic stones. (iv) Pearls 60% on fob value of such pearls. (v) Plain Gold / Silver Jewellery 50% and articles (vi) Plain platinum jewellery 50% and articles 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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