https://www.taxtmi.com/circulars?id=2433 Minimum value addition for studded gold, silver and platinum jewellery is fixed at 15%. Value addition is calculated with reference to the CIF value of the metal content, defined as the total outflow of foreign exchange for the metal content plus admissible wastage; where metal is on loan, CIF also includes interest paid in free foreign exchange. The CIF-equivalent covers imported metal and metal procured from other sources used in the export product. en-us Fri, 11 Feb 2005 00:00:00 +0530 Sat, 28 Feb 2009 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2433 Minimum value addition for studded gold, silver and platinum jewellery is fixed at 15%. Value addition is calculated with reference to the CIF value of the metal content, defined as the total outflow of foreign exchange for the metal content plus admissible wastage; where metal is on loan, CIF also includes interest paid in free foreign exchange. The CIF-equivalent covers imported metal and metal procured from other sources used in the export product. Circulars DGFT Fri, 11 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2433