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Procedure

Para 4A.2.1

Document type
Procedure
Reference no.
04
Dated

Value Addition

Value Addition 4A.2.1

Under the Scheme for Export of Jewellery, the value addition shall be calculated as per paragraph 4A.6 of FTP.

The minimum value addition on average per consignment shall be:

S.No.Item of ExportMinimum Value Addition
a)Studded gold/platinum/silver jewellery and articles thereof other than those covered by entry (b) below.15%
b)Plain gold/platinum/silver jewellery/Articles and ornaments like Mangalsutra Containing gold and black beads/Imitation stones, precious stones and semi precious stones, cubic zirconia, diamonds, pearls etc. However, if the per gram value of the precious stones, semi-precious stones, studdings utilized in the making of jewellery/articles is more than the per gram value of gold/silver/platinum, the value addition of 15% as has been prescribed at (a) above shall be achieved.7%
c)Any jewellery/articles manufactured by fully mechanized process.3%
d)Gold/silver/platinum medallions & coins (excluding the coins of the nature of legal tender)3%
e)Gold/silver/platinum finding/mountings manufactured by mechanized process.5%


(Para 4A.2.1 has been amended vide PN NO. 31/2005, DT. 15/07/2005)

[OLD-
Value Addition 4A.2.1

Under the scheme for export of jewellery, the value addition shall be calculated as per paragraph 4A.6 of FTP.

The minimum value addition shall be:

S.No. Item of Export Minimum Value Addition
a) Plain gold/platinum /silver jewellery/ Articles and ornaments like Mangalsutra Containing gold and black beads/ Imitation stones, precious stones and semi precious stones, cubic zirconia , diamonds, precious & semi-precious stones. 7%
b) All types of Studded gold/ platinum/ silver Jewellery and articles thereof 15%
c) Any jewellery/ articles manufactured by fully mechanised process 3%
d) Gold/ silver/ platinum medallions & coins (excluding the coins of the nature of legal tender) 3%
e) Gold/ silver /platinum findings/ mountings manufactured by mechanised process 5%

]

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