Studded
Jewellery Wastage Reduced to 7% from 9/10% in IO Norms
[DGFT Public Notice No. 79 dated 12th July 2010]
In
exercise of powers conferred under Para 2.4 of the Foreign Trade Policy,
2009-14, the Director General of Foreign Trade hereby makes the following amendments
in the Handbook of Procedures (Vol.1), 2009-14:-
1. Sl. No. (b) of paragraph 4A.2 related to
“Wastage Norms” for Gems & Jewellery items,
stands replaced by the following:
|
Sl.No. |
Item
of Export |
Percentage
of Wastage by weight with reference to Gold / Platinum / Silver content in
export item |
|
|
|
|
Gold / Platinum |
Silver |
|
b) |
Studded
jewellery and articles thereof |
7% |
7% |
This issues
in public interest.