Gem REP Licence Entitlement: 60-80% for Precious Stones, 50% for Semi-Precious, Synthetic, and Plain Metal Jewelry
The Replenishment Scale for Gem REP Licence outlines the entitlement percentages for various gemstones and jewellery based on their FOB export value. For cut and polished emeralds, rubies, and sapphires in jewellery valued up to US$ 350 per carat, the entitlement is 60% for uncut and unset stones, increasing to 80% for those valued above US$ 350. Semi-precious and synthetic stones have a 50% entitlement, while pearls are at 60%. Plain gold, silver, and platinum jewellery and articles have a 50% entitlement. Entitlements for diamonds and precious stones are calculated separately, with semi-precious stones and pearls assessed individually.
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