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Wastage Norms

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4.59 — Wastage Norms

Maximum wastage or manufacturing loss on gold/ silver/ platinum jewellery and articles thereof[xiii] :

pg. 102

Sl No Items of export Percentage of wastage by weight with<br>reference to Gold/ Platinum / Silver<br>content in export item Percentage of wastage by weight with<br>reference to Gold/ Platinum / Silver<br>content in export item
Gold / platinum Silver
a) Plain Jewellery and Articles,<br>and<br>ornaments<br>like<br>Mangalsutra containing gold<br>and<br>black<br>beads/imitation<br>stones,<br>cubic<br>zirconia<br>diamonds,<br>precious,<br>semi-<br>precious stones.<br>a. Handcrafted<br>b. Mechanized 2.25 %<br>0.90% 3.00%<br>0.90%
b) Studded<br>Jewellery<br>and<br>articles thereof.<br>a. Handcrafted<br>b. Mechanized (jewellery<br>manufactured<br>and<br>studded bymachines) 4.00%<br>2.80% 4.00%<br>2.80%
c) Mountings<br>and<br>findings<br>manufactured indigenously<br>a. Handcrafted<br>b. Mechanized 2.0 %<br>0.40% 2.50%<br>0.50%
d) Any jewellery/ articles<br>manufactured by a mechanised<br>process and unstudded. (not<br>applicable<br>under<br>Advance<br>Authorisation) <br> <br> <br> <br>0.90% 0.90%
e) Mountings, whether imported<br>or indigenously procured /<br>manufactured, used in studded<br>jewellery<br>a. Handcrafted<br>b. Mechanized 1.50%<br>0.30% 1.50%<br>0.30%

pg. 103

0.90%|0.90%| |e)|Mountings, whether imported<br>or indigenously procured /<br>manufactured, used in studded<br>jewellery<br>a. Handcrafted<br>b. Mechanized|1.50%<br>0.30%|1.50%<br>0.30%|

pg. 103

Sl No Items of export Percentage of wastage by weight with<br>reference to Gold/ Platinum / Silver<br>content in export item Percentage of wastage by weight with<br>reference to Gold/ Platinum / Silver<br>content in export item
Gold / platinum Silver
f) Gold<br>/<br>silver<br>/<br>platinum<br>medallions and coins<br>(excluding coins of nature of<br>legal tender) (not applicable<br>under Advance Authorisation) 0.20% 0.20%
g) Findings and mountings<br>manufactured by mechanized<br>process 0.90% 0.90%
h) Gold religious’ idols (only gods<br>and goddess) of 8 carats and<br>above (upto 24 carats)<br>i.<br>Handcrafted/Studded<br>idols<br>ii.<br>Plain idols <br> <br>4.00%<br>2.00% 4.00%<br>2.00%

pg. 103

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