Minimum value addition for jewellery exports revised, with specified category-based thresholds and carriage heading amended. The export scheme for jewellery requires value addition to be calculated per paragraph 4A.6 of the Foreign Trade Policy and prescribes minimum average value addition per consignment for specified categories: studded jewellery, plain jewellery (with a rule where stone/studding per-gram value exceeds metal), fully mechanized jewellery, medallions and non-legal-tender coins, and mechanized findings and mountings. The amendments also replace the heading of paragraph 4A.18(a)(ii) with 'Personal carriage of gems & jewellery for export promotion tours' and delete the words 'or import of plain/studded jewellery' from paragraph 4A.28.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Minimum value addition for jewellery exports revised, with specified category-based thresholds and carriage heading amended.
The export scheme for jewellery requires value addition to be calculated per paragraph 4A.6 of the Foreign Trade Policy and prescribes minimum average value addition per consignment for specified categories: studded jewellery, plain jewellery (with a rule where stone/studding per-gram value exceeds metal), fully mechanized jewellery, medallions and non-legal-tender coins, and mechanized findings and mountings. The amendments also replace the heading of paragraph 4A.18(a)(ii) with "Personal carriage of gems & jewellery for export promotion tours" and delete the words "or import of plain/studded jewellery" from paragraph 4A.28.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
