In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures (Vol. I):
1. Paragraph 4A.2.1 stands amended as follows:
“Under the Scheme for Export of Jewellery, the value addition shall be calculated as per paragraph 4A.6 of FTP.
The minimum value addition on average per consignment shall be:
|
S.No. |
Item of Export |
Minimum Value Addition |
|
a) |
Studded gold/platinum/silver jewellery and articles thereof other than those covered by entry (b) below. |
15% |
|
b) |
Plain gold/platinum/silver jewellery/Articles and ornaments like Mangalsutra Containing gold and black beads/Imitation stones, precious stones and semi precious stones, cubic zirconia, diamonds, pearls etc. However, if the per gram value of the precious stones, semi-precious stones, studdings utilized in the making of jewellery/articles is more than the per gram value of gold/silver/platinum, the value addition of 15% as has been prescribed at (a) above shall be achieved. |
7% |
|
c) |
Any jewellery/articles manufactured by fully mechanized process. |
3% |
|
d) |
Gold/silver/platinum medallions & coins (excluding the coins of the nature of legal tender) |
3% |
|
e) |
Gold/silver/platinum finding/mountings manufactured by mechanized process. |
5% |
2. The heading of paragraph 4A.18 (a) (ii) stands replaced by the following:
“Personal carriage of gems & jewellery for export promotion tours.”
3. The words “or import of plain/studded jewellery” appearing in Paragraph 4A.28 stands deleted.
This issues in Public interest.
( K.T. CHACKO )
DIRECTOR GENERAL OF FOREIGN TRADE and
EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT OF
(Issued from F.No. 01/94/180/Gems & Jewellery/AM06/PC.I)