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Core Purpose

This public notice amends Para 4.59 of Handbook of Procedures 2023 and modifies Standard Input Output Norms (SION) M-1 to M-8 for jewellery exports.

Detailed Summary

The Directorate General of Foreign Trade issues this public notice to amend Para 4.59 of the Handbook of Procedures 2023 and revise Standard Input Output Norms (SION) M-1 to M-8. This revision pertains to the permissible wastage and manufacturing loss for exported jewellery and articles made of gold, silver, and platinum. The notice specifies revised percentages of wastage by weight with reference to the gold, platinum, or silver content in exported items. It details revised norms for categories like plain jewellery, studded jewellery, mountings, findings, medallions, coins, and religious idols, differentiating between handcrafted and mechanized processes. This notice supersedes Public Notice No. 30 dated November 1, 2024.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-07022025-260778 EXTRAORDINARY PART I-Section 1 PUBLISHED BY AUTHORITY NEW DELHI, TUESDAY, FEBRUARY 4, 2025/MAGHA 15, 1946 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) [Directorate General of Foreign Trade] PUBLIC NOTICE New Delhi, the 4th Febuary, 2025 No. 45/2024-25 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 |2.25% |3.00% | | | b. Mechanized |0.90% |0.90% | +-----+---------------------------------------------------------------------------------------------------------------------------------+----------------+----------+ |b) |Studded Jewellery and articles thereof. | | | | | a. Handcrafted |4.00% |4.00% | | | b. Mechanized (jewellery manufactured and studded by machines) |2.80% |2.80% | +-----+---------------------------------------------------------------------------------------------------------------------------------+----------------+----------+ |c) |Mountings and findings manufactured indigenously | | | | | a. Handcrafted |2.0% |2.50% | | | b. Mechanized |0.40% |0.50% | +-----+---------------------------------------------------------------------------------------------------------------------------------+----------------+----------+ |d) |Any jewellery/ articles manufactured by a mechanised process and unstudded.(not applicable under Advance Authorisation) |0.90% |0.90% | +-----+---------------------------------------------------------------------------------------------------------------------------------+----------------+----------+ |e) |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 mechanized process |0.90% |0.90% | +-----+---------------------------------------------------------------------------------------------------------------------------------+----------------+----------+ |h) |Gold religious' idols (only gods and goddess) of 8 carats and above (upto 24 carats) | | | | | i. Handcrafted/Studded idols |4.00% |4.00% | | | ii. Plain idols |2.00% |2.00% | +-----+---------------------------------------------------------------------------------------------------------------------------------+----------------+----------+ 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 |Plain Jewellery and Articles, and ornaments like Mangalsutra containing gold and black beads/imitation stones, cubic zirconia|1 Kg | | | | |(a) |diamonds, precious, semi-precious stones. | |1 |Gold |1.0225 Kg | | | | |2 |Platinum |1.0225 Kg | | |a. Handcrafted | |3 |Silver |1.03 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M1 |Plain Jewellery and Articles, and ornaments like Mangalsutra containing gold and black beads/imitation stones, cubic zirconia|1 Kg | | | | |(b) |diamonds, precious, semi-precious stones. | |1 |Gold |1.009 Kg | | | | |2 |Platinum |1.009Kg | | |b. Mechanized | |3 |Silver |1.009 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M2 |Studded Jewellery and articles thereof. |1 Kg | | | | |(a) | | |1 |Gold |1.04 Kg | | |a. Handcrafted | |2 |Platinum |1.04 Kg | | | | |3 |Silver |1.04 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M2 |Studded Jewellery and articles thereof. |1 Kg | | | | |(b) | | |1 |Gold |1.028 Kg | | |b. Mechanized (jewellery manufactured and studded by machines) | |2 |Platinum |1.028 Kg | | | | |3 |Silver |1.028 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M3 |Mountings and findings manufactured indigenously |1 Kg | | | | |(a) | | |1 |Gold |1.02 Kg | | |a. Handcrafted | |2 |Platinum |1.02 Kg | | | | |3 |Silver |1.025 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M3 |Mountings and findings manufactured indigenously |1 Kg | | | | |(b) | | |1 |Gold |1.004 Kg | | |b. Mechanized | |2 |Platinum |1.004 Kg | | | | |3 |Silver |1.005 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M4 |Any jewellery/ articles manufactured by a mechanised process and unstudded. |1 Kg | | | | | |(not applicable under Advance Authorisation) | |1 |Gold |1.009 Kg | | | | |2 |Platinum |1.009 Kg | | | | |3 |Silver |1.009 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M5 |Mountings, whether imported or indigenously procured manufactured, used in studded jewellery |1Kg | | | | |(a) | | |1 |Gold |1.015 Kg | | |a. Handcrafted | |2 |Platinum |1.015 Kg | | | | |3 |Silver |1.015 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M5 |Mountings, whether imported or indigenously procured manufactured, used in studded jewellery |1Kg | | | | |(b) | | |1 |Gold |1.003 Kg | | |b. Mechanized | |2 |Platinum |1.003 Kg | | | | |3 |Silver |1.003 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M6 |Gold/silver/platinum medallions and coins (excluding coins of nature of legal tender) (not applicable under Advance Authorisation)|1Kg | | | | | | | |1 |Gold |1.002 Kg | | | | |2 |Platinum |1.002 Kg | | | | |3 |Silver |1.002 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M7 |Findings and mountings manufactured by mechanized process |1 Kg | | | | | | | |1 |Gold |1.009 Kg | | | | |2 |Platinum |1.009 Kg | | | | |3 |Silver |1.009 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M8 |Gold religious' idols (only gods and goddess) of 8 carats and above (upto 24 carats) |1 Kg | | | | |(i) | | |1 |Gold |1.04 Kg | | | | |2 |Platinum |1.04 Kg | | |i. Handcrafted/Studded idols | |3 |Silver |1.04 Kg | +-----------+-------------------------------------------------------------------------------------------------------------------------------+----------+-------------+--------------+-----------+ |M8 |Gold religious' idols (only gods and goddess) of 8 carats and above (upto 24 carats) |1 Kg | | | | |(ii) | | |1 |Gold |1.02 Kg | | | | |2 |Platinum |1.02 Kg | | |ii. Plain Idols | |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 Addl. Secy.

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