Para 8.84
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 ( upto 31/03/2002)
REP Licence
8.84 The Replenishment (REP) Licence against export of studded gold/platinum/silver jewellery and articles are valid for import of:
- Gold/platinum /silver of fineness not less than 0.995/0.900/0.999, the value of which shall be determined by taking into account the equivalent quantity of gold/platinum /silver of 0.999/0.9999/0.999 fineness used in the gold/platinum/silver studded jewellery exported, as certified by the customs authorities multiplied by the international price of gold/platinum/silver of 0.999/0.9999/0.999 fineness as shown on the customs attested invoice plus 20% of the balance value of replenishment.
- Gold/platinum findings/mountings/solders upto 0.920 fineness upto 10% of the value of the licence within the overall value of the licence; silver findings/mountings/solders upto 0.925 fineness upto 10% of the value of the licence within the overall value of the licence.
- Rough diamonds, rough coloured gemstones and real or cultured pearls undrilled/unset. However, import of rough diamonds against export of studded silver/platinum jewellery and articles shall not be permitted.
(Please see Cus Ntf.No.86/2001 dt.7/08/2001)