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        DGFT

        DGFT amended para 4.59 of HBP 2023 and modified SION M-1 to M-8...

        DGFT Revises Wastage Norms for Jewelry Exports: New Rules Set Different Rates for Handcrafted vs Mechanized Manufacturing

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                          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.
                                DGFT amended para 4.59 of HBP 2023 and modified SION M-1 to M-8 for jewelry exports, revising wastage norms and input-output ratios for precious metals. Key changes include differentiated wastage allowances between handcrafted (higher) and mechanized (lower) manufacturing - with handcrafted plain jewelry allowing 2.25% for gold/platinum and 3% for silver, while mechanized processes permit 0.9% across metals. For studded jewelry, handcrafted items get 4% wastage versus 2.8% for mechanized production. Religious idols receive special consideration with 4% wastage for handcrafted/studded and 2% for plain versions. These revisions supersede Public Notice No. 30 dated 01.11.2024.
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