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Procedure

APPENDIX - 30B

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Procedure
Dated

REPLENISHMENT SCALE FOR GEM REP LICENCE

APPENDIX - 30B
REPLENISHMENT 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 REPLENISHMENT 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 and upto US$350 per carat for diamonds 70% for diamonds uncut and unset
 b). Above US$ 350 per carat for diamonds. 80% for diamonds uncut and unset
ii) 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
(iii) All varieties of semi-precious stones and synthetic stones 50% on fob value of such stones
(iv) Pearls 60% on fob value of such pearls.
(v) Plain Gold/Silver Jewellery and articles 50%
(vi) Plain platinum jewellery and articles 50%


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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