Corrigendum to Public Notice no. 30/2024-2025 dated 01.11.2024 on amendment in 4.59 of Handbook of Procedures, 2023 and modification in Standard Input Output Norms (SION) M- 1 to M-8 for export of jewellery
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Terminology correction clarifies export of mechanized jewellery includes manual processes and excludes imported mountings from net content. The corrigendum amends Note 2 of Public Notice No. 30/2024-2025 by correcting the wording to state that the export of mechanized plain and studded jewellery also includes some manual process, and reiterates that weight of imported mountings and findings of gold or silver used in export products will not be included in determining net content of gold and silver.
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Provisions expressly mentioned in the judgment/order text.
Terminology correction clarifies export of mechanized jewellery includes manual processes and excludes imported mountings from net content.
The corrigendum amends Note 2 of Public Notice No. 30/2024-2025 by correcting the wording to state that the export of mechanized plain and studded jewellery also includes some manual process, and reiterates that weight of imported mountings and findings of gold or silver used in export products will not be included in determining net content of gold and silver.
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