Directorate General of Foreign Trade (DGFT) has issued Public Notice No. 45/2024-25 dated February 4, 2025, introducing amendments to Para 4.59 of the Handbook of Procedures, 2023, and revising the Standard Input Output Norms (SION) M-1 to M-8 for jewellery exports. The changes specify updated wastage limits for gold, silver, and platinum in handcrafted and mechanized jewellery manufacturing. For instance, the allowable wastage for handcrafted gold jewellery is set at 2.25%, while mechanized jewellery is permitted a wastage of 0.90%. These norms apply to various categories, including plain and studded jewellery, ornaments like Mangalsutra, and religious idols of varying carats.
The revised SION details the input-output quantities for gold, silver, and platinum used in jewellery production. For example, 1 kg of handcrafted plain jewellery requires 1.0225 kg of gold or platinum, while mechanized plain jewellery needs 1.009 kg. Similarly, handcrafted studded jewellery involves 1.04 kg of these metals per kilogram of export. The notice supersedes Public Notice No. 30 dated November 1, 2024, and aims to streamline export processes by providing precise guidelines for permissible wastage and material input-output standards.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Public Notice No. 45/2024-25-DGFT | Dated: 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
F. No. 01/94/180/104/AM24/PC-4.–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 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 %
0:90% |
3..00%
0.90% |
Note:
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 SI No. | Export Item | Quantity | Import S. No | Import Item | Quantity |
M1
(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 |
1 Kg | 1 | Gold | 1.0225 Kg |
2 | Platinum | 1.0225 | |||
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 | 1.009 Kg |
2 | Platinum | 1.009Kg | |||
3 | Silver | 1.009 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 (jewellery manufactured and studded by machines) |
1 Kg | 1 | Gold | 1.028 Kg |
2 | Platinum | 1.028 Kg | |||
3 | Silver | 1.028 Kg | |||
M8
(i) |
Gold religious’ idols (only gods and goddess) of 8 carats and above (upto 24 carats)
i. Handcrafted/Studded idols |
1 Kg | 1 | Gold | 1.04 Kg |
2 | Platinum | 1.04 Kg | |||
3 | Silver | 1.04 Kg | |||
M8
(ii) |
Gold religious’ idols (only gods and goddess) of 8 carats and above (upto 24 carats)
ii. Plain Idols |
1 Kg | 1 | Gold | 1.02 Kg |
2 | Platinum | 1.02 Kg | |||
3 | Silver | 1.02 Kg |
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.
(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)