Exports of jewellery - Percentage of processing loss - Notification Nos. 3/88-Cus. and 177/94-Cus. amended

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....of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notifications of the Government of India in the Ministry of Finance (Department of Revenue), No. 3/88-Customs, dated the 14th January, 1988, and No. 177/94-C....

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.... 40 per cent: upto 5 per cent of silver content by weight   (b) value addition above : upto 7 per cent of silver content by weight (2) In Notification No. 3/88-Customs, dated the 14th January, 1988, after the Table to condition (xiii) the following Explanation shall be inserted, namely :- "Explanation. - (a) the wastage for mountings and findings is admissible only when such....