Wastage allowances and DTA clearance: revised rules permit limited domestic clearance and specified manufacturing wastage rates. Amendments permit DTA clearance of jewellery up to 10% of prior-year export value on payment of duties; authorize exchange of machine-made precious-metal jewellery for metal of equal purity and weight under Assistant Commissioner of Customs conditions; and prescribe specific wastage percentages for gold/platinum and silver by jewellery category, with rules on calculation and admissibility.
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Provisions expressly mentioned in the judgment/order text.
Wastage allowances and DTA clearance: revised rules permit limited domestic clearance and specified manufacturing wastage rates.
Amendments permit DTA clearance of jewellery up to 10% of prior-year export value on payment of duties; authorize exchange of machine-made precious-metal jewellery for metal of equal purity and weight under Assistant Commissioner of Customs conditions; and prescribe specific wastage percentages for gold/platinum and silver by jewellery category, with rules on calculation and admissibility.
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