Wastage norms for jewellery exports revised, altering permissible manufacturing loss and SION input norms under Handbook of Procedures for exporters. Amendment revises wastage percentages for specified jewellery categories under Para 4.59 of the Handbook of Procedures, 2023, distinguishing handcrafted and mechanized processes and providing separate maximum wastage rates for gold/platinum and silver. Corresponding modifications to SION M-1 to M-8 set precise input quantities per 1 Kg of export product for gold, platinum and silver for each export item and manufacturing mode. Note excludes imported mountings and findings from net content determination. The Public Notice supersedes the earlier notice and is effective immediately.
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Wastage norms for jewellery exports revised, altering permissible manufacturing loss and SION input norms under Handbook of Procedures for exporters.
Amendment revises wastage percentages for specified jewellery categories under Para 4.59 of the Handbook of Procedures, 2023, distinguishing handcrafted and mechanized processes and providing separate maximum wastage rates for gold/platinum and silver. Corresponding modifications to SION M-1 to M-8 set precise input quantities per 1 Kg of export product for gold, platinum and silver for each export item and manufacturing mode. Note excludes imported mountings and findings from net content determination. The Public Notice supersedes the earlier notice and is effective immediately.
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