Amendment in 4.59 of Handbook of Procedures, 2023 and modification in Standard Input Output Norms (SION) M-1 to M-8 for export of jewellery

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....which will be effective from 01st January 2025: 1. Amendments in Para 4.59 of Handbook of Procedures, 2023: Para 4.59 (a) to (h) is amended as under: Maximum wastage or manufacturing loss on gold/ silver/ platinum jewellery and articles thereof. SI No Items of Export Percentage of wastage by weight with reference to Gold /Platinum /Silver content in export item Gold /Platinum Silver a) Plain Jewellery and Articles, and ornaments like Mangalsutra containing gold and black beads /imitation stones, cubic zirconia diamonds, precious, semi-precious stones. a. Handcrafted b. Mechanized 2.25% 0.45% 3.00% 0.50% b) Studded Jewellery and articles thereof. a. Handcrafted b. Mechanized 4.00% 2.80% 4.00% 2.80% c) Mounti....

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....crafted 1 Kg 1 Gold 1.0225 Kg 2 Platinum 1.0225 Kg 3 Silver 1.03 Kg M1 (b) Plain Jewellery and Articles, and ornaments like Mangalsutra containing gold and black beads/imitation stones, cubic zirconia diamonds, precious, semi-precious stones. b. Mechanized 1 Kg 1 Gold 1.0045 Kg 2 Platinum 1.0045 Kg 3 Silver 1.005 Kg M2 (a) Studded Jewellery and articles thereof, a. Handcrafted 1 Kg 1 Gold 1.04 Kg 2 Platinum 1.04 Kg 3 Silver 1.04 Kg M2 (b) Studded Jewellery and articles thereof, b. Mechanized 1 Kg 1 Gold 1.028 Kg 2 Platinum 1.028 Kg 3 Silver 1.028 Kg M3 (a) Mountings and findings manufactured (by non- mechanised process) Indigenously a. Handcrafted 1 Kg 1 Gold 1.02 Kg 2 Pl....