TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-I, SECTION-I

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY ~~ DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE

PUBLIC NOTICE NO. 5 | /(2015-2020)

NEW DELHI: Dated the 4p November, 2018

Subject: Wastage Norms and Value Addition in respect of Gold religious idols (only gods and goddess) of 8 carats and above (upto 24 carats) under Para 4.60 and 4.61 of HBP 2015-20 - reg.

• In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy, 2015-

• 2020, as amended from time to time, the Director General of Foreign Trade makes the following amendment in Hand Book of Procedures 2015-2020. z In Para 4.60 - Wastage Norm, the following are added at the end of the table: Gold religious idols (only gods and Percentage of wastage

• h) goddess) of 8 carats and above (upto 24 | Plain Gold idols - 2.5% carats Soae Studded Gold idols-5%

2. In Para 4.61 - Value Addition, the following are added at the end of the table: f) Gold religious idols (only gods and 10% in case of plain gold religious idols (Non goddess) of 8 carats and above (upto 24 | studded) carats) aig s 14% in case of gold religious idols studded with colour gem stones, 15% in case of gold religious idols studded with diamonds

3. Effect of this Public Notice: Wastage Norms and Value Addition in respect of Gold religious idols (only gods and goddess)- both plain and studded, of 8 carats and above (upto 24 carats) are prescribed in Para 4.60 and 4.61 ofthe HBP. ae

ofthe HBP.the HBP. HBP. ae [Alok Vardhan rvedi] Director General oreign Trade & Ex-officio Additional Secre to Government of India Email: dgft@nic.in

(Issued from File No.01/94/180/236/AM19/PC-4)