Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Dated: 29.08.2024
Trade Notice No. 15/2024-2025
To,
1. All IEC Holders/Members of
Trade and Industry.
2. All Export Promotion Councils/Commodity Boards/ Other Industry Associations.
3. All Regional Authorities of DGFT.
4. All Custom Authorities
Subject: Abeyance of Public Notice No. 05/2024 dated 27.05.2024 - reg.
Attention of Trade and Industry is invited to Public Notice No. 20/2024 dated 29.08.2024 vide which Public Notice No. 05/2024 dated 27.05.2024 (which had been issued to modify the wastage permissible and Standard Input Output Norms with reference to Gold/Platinum/Silver content in export item) has been kept in abeyance up to 15th of September, 2024.
2. This Directorate is proposing revised wastage norms for Gold/ Platinum/ Silver jewellery based on the industry visits in different units/ locations.
3. Revised wastage norms are annexed herewith as Annexure 1.
3. Trade and Industry is advised to utilise this opportunity and submit any inputs/comments within 7 days from the from the date of issuance of this Trade Notice to the Norms Committee at the following e-mail id: nc2.dgft@nic.in
4. This issues with the Competent Authority
(K.M Harilal)
Jt. Director General of Foreign Trade
DGFT Hq
Email: km.harilal@gov.in
Mob- 9946946774
(Issued from File No.: 01/94/180/104/AM24/PC-4)
Annexure 1
SI. No. |
items of Export |
Percentage of wastage by Weight with reference to Gold/ Platinum/Silver content in export item |
|||
Gold/ Platinum | Silver | ||||
1 | Plain jewellery and, articles and ornaments like Mangal sutra containing gold and black beads etc. | Existing (as per PN No. 05/2024) | Proposed | Existing (as per PN No. 05/2024) |
Proposed |
Handcrafted | 0.5% | 1.5% | 0.75% | 1.75% | |
Partly Mechanized | - | 0.5% | - | 0.5% | |
2 | Studded jewellery and articles thereof | ||||
Handcrafted | 0.75% | 2% | 0.75% | 2.25% | |
Partly Mechanized | - | 1.5% | - | 1.75% | |
3 | Mountings/Findings manufactured | ||||
Handcrafted | 0.5% | 1% | 0.75% | 1.25% | |
Partly Mechanized | 0.1% | 0.5% | 0.1% | 0.5% | |
4 | Gold/silver/platinum medallions and coins (excluding coins of nature of legal tender) (not applicable under Advance Authorisation) | 0.1% | 0.2% | 0.1% | 0.2% |
5 | Gold religious idols (only gods and goddess) of 8 carats and above (up to 24 carats) | ||||
Plain gold idols | 0.5% | 1% | 0.5% | 1.25% | |
Studded gold idols | 0.75% | 1.5% | 0.75% | 1.75% | |
6 | Any jewellery/ article manufactured by a partly mechanized processes and unstudded (not applicable under Advance Authorisation) | 0.2% | 0.5% | 0.2% | 0.5% |