Minimum value addition for export of Silver/ Platinum jewellery and articles thereof

By | September 5, 2016

Government of India
Ministry of Commerce and Industry
Department of Commerce

Public Notice No. 28/2015-2020

New Delhi, Dated the 02 September 2016

Sub : Amendment in paragraph 4.61 of Hand Book of Procedures 2015-20.

In exercise of powers conferred under Paragraph 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes amendments in Paragraph 4.61 of Hand Book of Procedures 2015-2020 to read as under:

Sl. No Items of export Minimum Value Addition
a) Plain gold / Platinum/ Silver Jewellery and Articles and ornaments like Mangalsutra containing gold and black beads / imitation stones, except in studded form of jewellery. 3.5%
b) All types of Studded gold / platinum / silver Jewellery and articles thereof. 6.0% (for those studded with coloured Gem stones) and 7.0% (for those studded with diamonds).
c) Any jewellery / articles manufactured by fully mechanized process 2%
d) Gold / silver / platinum medallions & coins (excluding coins of nature of legal tender) 1.5%
e) Gold / silver / platinum findings / mountings manufactured by mechanized process 2.5%

Effect of this Public Notice:

With this amendment paragraph 4.61 of the Hand Book of Procedures 2015-2020 will also cover minimum value addition for export of Silver/ Platinum jewellery and articles thereof, which were inadvertently left out earlier, These amendments will be applicable with effect from 01.04.2015

 

(Anup Wadhawan)

Director General of Foreign Trade

(F.No. 01/94/180/172/AM14/PC-4(PT)

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