Wastage Norms and Value Addition in respect of Gold religious idols (only gods and goddess) of 8 carats and above (upto 24 carats) under Para 4.60 and 4.61 of HBP 2015-20 - reg.
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Wastage norms and value addition prescribed for gold religious idols clarifying separate treatment for plain and studded items. Prescribes wastage norms and value addition for gold religious idols (gods and goddess) of the stated carat eligibility by adding specific wastage percentages for plain and studded items to Para 4.60 and distinct value-add thresholds for plain, colour-gem-studded, and diamond-studded idols to Para 4.61 of the Handbook of Procedures 2015-20, thereby establishing manufacturing loss allowances and processing value-add criteria for export compliance.
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.
Wastage norms and value addition prescribed for gold religious idols clarifying separate treatment for plain and studded items.
Prescribes wastage norms and value addition for gold religious idols (gods and goddess) of the stated carat eligibility by adding specific wastage percentages for plain and studded items to Para 4.60 and distinct value-add thresholds for plain, colour-gem-studded, and diamond-studded idols to Para 4.61 of the Handbook of Procedures 2015-20, thereby establishing manufacturing loss allowances and processing value-add criteria for export compliance.
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