Appendix 12 B

Replenishment Scale for Gem Rep Licence

(Pls see paragraph 4A.4.1 of HBPv1)

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.

60% for uncut and unset Emeralds Rubies/Sapphires

 

b). Cut and polished Emeralds/ Rubies/Sapphires in Jewellery valued above US$ 350 per carat fob.

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 at 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 Licence.