Wastage norms for jewellery exports revised and input-output norms updated, changing permissible metal content calculations. The amendment revises permissible wastage percentages for gold, silver and platinum jewellery exports by category and by handcrafted versus mechanised processes, and excludes imported mountings and findings from net content calculation. It also updates SION M-1 to M-8 to set input-to-output ratios for gold, platinum and silver per kilogram of exported jewellery or articles, aligned with the new wastage rates and differentiated by production method.
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Wastage norms for jewellery exports revised and input-output norms updated, changing permissible metal content calculations.
The amendment revises permissible wastage percentages for gold, silver and platinum jewellery exports by category and by handcrafted versus mechanised processes, and excludes imported mountings and findings from net content calculation. It also updates SION M-1 to M-8 to set input-to-output ratios for gold, platinum and silver per kilogram of exported jewellery or articles, aligned with the new wastage rates and differentiated by production method.
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