APPENDIX -4G
REPLENISHMENT SCALE FOR GEM REP AUTHORISATION
(Please see paragraph 4.35 of FTP and 4.64 of HBP)
|
S. No. |
GEM REPLENISHMENT SCALE |
%AGE OF ENTITLEMENT ON REMAINING FOB VALUE OF EXPORTS |
| i) | a) Cut and polished
Emeralds/ Rubies/ Sapphires in Jewellery valued upto US$ 350 per carat
fob.
b) Cut and polished Emeralds/ Rubies/Sapphires in Jewellery valued above US$ 350 per carat fob. |
60% for uncut and unset
Emeralds Rubies/Sapphires
80% for uncut and unset Emeralds Rubies/Sapphires |
| ii) | All varieties of semi-precious stones and synthetic stones | 50% on fob value of such stones |
| iii) | Pearls | 60% on fob value of such pearls. |
| iv) | Plain Gold/Silver Jewellery and articles | 50% |
| v) | Plain platinum jewellery and articles | 50% |
NOTE : For diamonds and precious stones, entitlement may be arrived a separately on the basis of overall average of per carat realisation. For semi-precious/synthetic stones and pearls, the entitlement may be worked out on an individual basis. The total will be the value of the Gem Replenishment Authorisation / Licence.