Duty exemption for precious metal imports under REP licence allowed subject to Export and Import Policy and handbook conditions. Exemption from customs duty and additional duty is granted for specified gold, platinum and silver and certain findings when imported under a Replenishment Licence issued against export of corresponding jewellery, subject to minimum fineness thresholds, permitted lower fineness findings within an aggregate licence value cap, conformity with the Export and Import Policy and Handbook of Procedures, and the Customs Tariff classification.