Amendment in 4.59 of Handbook of Procedures, 2023 and modification - 4th February 2025 - Ministry of Commerce and Industry - Gazette Notification PDF

(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-I SECTION-I) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Public Notice No. 5 /2024-25 New Delhi, Dated: 04 February 2025 Subject: 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 In exercise of the powers conferred under paragraph 1.03 & 2.04 of Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade makes the following amendment, with immediate effect: 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 Items of Export Percentage of wastage by INO jweight with reference to Gold| Platinum /Silver content in| export item Gold /Platinum {Silver la) Plain Jewellery and Articles, and ornaments like Mangalsutra containing gold and black beads/imitation| stones, cubic zirconia diamonds, precious, semi- [precious stones. - a. Handcrafted 2.25 % 3.00% 0:90% 0.90% a. Mechanizedlb) |Studded Jewellery and articles thereof. a. Handcrafted 4.00% 4.00% b. Mechanized (jewellery manufactured and 2.80% 2.80% studded by machines) Ic) Mountings and findings manufactured indigenously 2.0 % 2.50% a. Handcrafted HE echanieed 0.40% 0.50% id) {Any jewellery/ articles manufactured 10.90% 0.90% lby a mechanised process and unstudded.(not applicable lunder Advance Authorisation) le) |Mountings, whether imported or indigenously procured manufactured, used in studded jewellery a. Handcrafted 1.50% 1.50% b. Mechanized 0.30% 0.30% f) |Gold/ silver / platinum medallions and coins (excluding coins of nature of legal tender) (not " : applicable under Advance Authorisation) 0.20% 0.20% g) |Findings and mountings manufactured by 0.90% 0.90% Imechanized process lh) {Gold religious’ idols (only gods and goddess) of 8 carats and above (upto 24 carats) ; 2 4.00% 4.00% i. Handcrafted/Studded idols 2.00% 2.00% ii. Plain idols ~~INote: 1. Weight of mountings & findings of gold or silver, if imported and used in Export Products, will not be included for determining net content of gold & silver in Export Product. 2. Amendment in Standard Input Output Norms (SION) Standard Input Output Norms (SION) M-1 to M-8 is modified as under: - SION Export Item Quantity [Import |Import (Quantity; SI No. S.No {Item IM1 Plain Jewellery and Articles, and ornaments likel Kg 1 Gold 1.0225 iMangalsutra containing gold and __ black' Kg (a) lbeads/imitation stones, cubic zirconia diamonds, : precious, semi-precious stones. 2 Platinum|1.0225 Kg a. Handcrafted 3 sai ute 1.03 PSK;E IM1 Plain Jewellery and Articles, and ornaments like|l Kg 1 Gold 1.009 Kg Mangalsutra containing gold and __ black : (b) lbeads/imitation stones, cubic zirconia diamonds, 2 Platinum)1.009Kg lprecious, semi-precious stones. 3 Silver |1.009.Kg b. Mechanized IM2 Studded Jewellery and articles thereof. 1Kg 1 Gold {1.04 Kg (a) a. Handcrafted 2 Platinum|1.04 Kg 3 Silver 1.04 Kg IM2 Studded Jewellery and articles thereof. 1Kg 1 Gold 17028 Kg (b) b. Mechanized (jewellery manufactured and 2 Platinum|1.028 Kg studded by machines) : 3 Silver {1.028 Kg iSION Export Item Quantity Import |Import [Quantity SI No. S.No {Item IM3 Mountings and findings | manufactured]! Kg 1 Gold {1.02 Kg indigenously (a) 2 Platinum|1.02 Kg a Wakdecatied 3 Silver |1.025 Kg M3 Mountings and findings manufactured|1 Kg 1 Gold 1,004 Kg indigenously 2 (b) 2 Platinum|1.004 Kg b. Mechanized 3 Silver 1.005 Kg M4 Any jewellery/ articles manufactured by _—{1 Kg 1 Gold {1.009 Kg a mechanised process and unstudded. : (not applicable under Advance Authorisation) 2 Platinum|1.009 Kg 3 Silver {1.009 Kg M5 Mountings, whether imported or indigenously 1Kg 1 Gold {1.015 Kg lprocured / manufactured, used in studded 3 2 Platinum|1.015 Kg (a) jewellery a. Handcrafted 3 moi ng 1.0oe15 K, IMS Mountings, whether imported or indigenously 1Kg 1 Gold 1.003 Kg procured / manufactured, used in studded : (b) jewellery 2 Platinum|1.003 Kg b. Mechanized 3 Siel h 1.003 K. IM6 Gold / silver / platinum medallions — and 1Kg 1 Gold 1.002 Kg coins (excluding coins of nature of legal tender) : (not applicable under Advance Authorisation) 2 Platinum 1.002 Kg 3 Silver 1.002 Kg IM7 Findings and mountings manufactured by 1Kg 1 Gold {1.009 Kg mechanized process 2 Platinum|1.009 Kg 3 Silver 1.009 KgSION Export Item Quantity |Import Import |Quantity) SI No. S.No {Item IM& Gold religious’ idols (only gods and goddess) of 8|1 Kg 1 Gold 1.04 Kg : carats and above (upto 24 carats) @ 2 Platinum|1.04 Kg i. Handcrafted/Studded idols i Silver 1.04Rg IM8 Gold religious’ idols (only gods and goddess) of 8/1 Kg 1 Gold {1.02 Kg as carats and above (upto 24 carats) : (ii) 2 Platinum|}1.02 Kg ii. Plain Idols , per eats Effect of this Public Notice: The wastage permissible and Standard Input Output Norms under the Handbook of Procedures, 2023 with regard to export of jewellery and article has been revised. The Public Notice No. 30 dated 01.11.2024 had been superseded by this Public Notice. EL aa e (Santosh Kumar Sarangi) Director General of Foreign Trade & Ex-officio Additional Secretary to Government of India Email:-dgft@nic.in (Issued from File No 01/94/180/104/AM24/PC-4)