TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY

(PART-I, SECTION-1)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

DEPARTMENT OF COMMERCE

DIRECTORATE GENERAL OF FOREIGN TRADE

PUBLIC NOTICE NO. 31(RE-2005) /2004-2009

NEW DELHI, DATED THE 15th July 2005

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:

Sr.No. Item of Export Minimum Value Addition
a) Studded gold/platinum/silver jewelleryand articles thereof other than those covered by entry (b) below.

 

15%
b) Plain gold/platinum/silverjewellery/Articles and ornaments likeMangalsutra 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 INDIA

(Issued from F.No. 01/94/180/Gems & Jewellery/AM06/PC.I)

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