Para 4A.2
- Document type
- Procedure
- Reference no.
- 04
- Dated
Wastage Norms
Wastage Norms 4A.2
The wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows:
The 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 the 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 manu-factured by a fully mechanised process and unstudded. | 1.25% | 1.25% |
| e. | Mountings, whether imported or indigenously procured/ manufactured, used in the studded jewellery | 2.5% | 2.5% |
| f. | Gold/silver/platinum medallions and coins (excluding the coins of the nature of the legal tender) | 0.25% | 0.25% |
| g. | Findings and mountings manufactured by mechanized process | 1.25% | 1.25% |