Amendment in 4.59 of Handbook of Procedures -Wastage Norms

(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 Vanijya Bhawan, New Delhi

Public Notice No 05/2024 New Delhi, Dated the 27" of May 2024

Subject: Amendment in 4.59 of Handbook of Procedures, 2023 and modification in Standard Input Output Norms (SION) M- 1 to M-7 for export of jewellery

In exercise of the powers conferred under paragraph 1.03 & 2.04 of Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade makes the following amendment:

le Amendments in Para 4.59 of Handbook of Procedures, 2023: Para 4.59 (a) to (h) is amended as under:

==> picture [447 x 376] intentionally omitted <==

----- Start of picture text -----<br> SI No _Items of export Percentage of wastage by weight<br>with reference to Gold/ Platinum<br>Silver content in<br>export item<br>Gold / platinum<br>Plain jewellery, articles, and<br>ornaments like Mangalsutra<br>containing gold and blackbeads 0.5 % 0.75 %<br>a) /imitation stones, cubic zirconia<br>diamonds, precious, semi-precious<br>stones.<br>b) articlesStuddedthereofjewellery and 0.75 % 0.75 %<br>Mountings and findings<br>manufactured (by non- mechanised<br>c) process) indigenously 0.5 % 0.75 %<br>Any jewellery/ articles<br>d) manufactured by a fully 0.2 % 0.2%<br>mechanised process and unstudded.<br>(not applicable under Advance<br>Authorisation)<br>Mountings indigenously<br>e) manufactured, used in studded 0.1% 0.1 %<br>jewellery<br>**----- End of pictur

%<br>mechanised process and unstudded.<br>(not applicable under Advance<br>Authorisation)<br>Mountings indigenously<br>e) manufactured, used in studded 0.1% 0.1 %<br>jewellery<br>----- End of picture text -----<br>

Gold /_ silver / platinum f) medallions and coins (excluding 0.1% 0.1% coins of nature of legal tender) (not applicable under Advance Authorisation) Findings and mountings g) manufactured by mechanized process 0.1% 0.1% h) Gold religious idols (only Gods Plain Gold idols- 0.5% and Goddess) of 8 carats and above} Studded Gold idols- 0.75% (upto 24 carats)

2. Amendment in Standard Input Output Norms (SION)

Standard Input Output Norms (SION) M-1 to M-7 is modified as under: -

|umber||S. No|||
|---|---|---|---|---|
|M1|Plain<br>jewellery,|1 KG|1|Gold|1.005KG|
||articles,<br>and||||
||ornaments<br>like||||
||Mangalsutra<br>oaidabeaidtid|2|:<br>Platinum|1.005KG|
||black<br>beads||||
||/imitation<br>stones,||||
||cubic<br>zirconia<br>diamonds,|3|Silver|1.0075KG|
||precious,<br>semi-||||
||precious stones.||||
||and articles thereo||:||
||M1<br>of<br>G&||||
||Chapter.||||
||findings||||
||reamd||||
||non-mechanised||||
||process)<br>indigenousl|3<br>Silver<br>See||1.0075KG<br> eee.||
||articles||||
||mae eae<br>fully<br>mechanised<br>process<br>and|3|Silver|1.002KG|

|M5|Mountings,|1KG|1|Gold|1.001 KG|
|---|---|---|---|---|---|
||indigenously|||||
||eianstactnred, used<br>in<br>the — studded||2|Platinum|1.001KG|
||jewellery|||;||
|M6|Gold/|Silver/1 KG|1|Gold|1.001 KG|
||Platinum|||||
||mecailions<br>and<br>coins<br>(excluding||2|Platinum|1.001KG|
||e coins of|nature||:||
|M7|Gold/<br>silver/|1KG<br>platinum<br>findings||oes|ees|ameKG|
||manufactured|by||||
||process.|||||

Note: Weight of mountings & findings of gold or silver, if imported & used in Export Product, will not be included for determining net content of gold and silver in Export Product.

Effect of this Public Notice:

The wastage permissible and Standard Input Output Norms under the Handbook of Procedures, 2023 with regard to export ofjewellery has been revised.

Ko o< vr (Santosh Kumargi:Sarangi) big Director General of Foreign Trade & Ex-officio Additional Secretary to Government of India Email:-dgft@nic.in

(Issued from File No 01/94/180/104/AM24/PC-4)