DGFT amends the Jewellery SION Norms under the HBP, 2023

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, Articles, and ornaments like Mangalsutra containing Gold and Black Beads / Imitation Stones, Cubic Zirconia Diamonds, Precious, Semi-precious Stones.

0.5 %

0.75 %

B

Studded Jewellery and Articles thereof.

0.75 %

0.75 %

C

Mountings and Findings manufactured (by non-mechanised process) indigenously.

0.5 %

0.75 %

D

Any Jewellery / Articles manufactured by a fully mechanised process and unstudded. (not applicable under Advance Authorisation)

0.2 %

0.2 %

E

Mountings indigenously manufactured, used in studded Jewellery.

0.1 %

0.1 %

F

Gold / Silver / Platinum Medallions and Coins (excluding coins of nature of legal tender) (not applicable under Advance Authorisation)

0.1 %

0.1 %

G

Findings and Mountings manufactured by mechanized process.

0.1 %

0.1 %

H

Gold Religious Idols (only Gods and Goddess) of 8 carats and above (upto 24 carats)

Plain Gold Idols – 0.5 %

Studded Gold Idols – 0.75 %

SION Serial Number

Export Item 

Quantity

Import

S. No.

Import Item

Quantity

M1

Plain Jewellery, Articles, and ornaments like Mangalsutra containing Gold and Black Beads / Imitation Stones, Cubic Zirconia Diamonds, Precious, Semi-precious Stones.

1 KG

1

Gold

1.005 KG

2

Platinum

1.005 KG

3

Silver

1.0075 KG

M2

Studded Jewellery and Articles thereof other than those covered by SION M1 of G&J Chapter.

1 KG

1

Gold

1.0075 KG

2

Platinum

1.0075 KG

3

Silver

1.0075 KG

M3

Mountings and Findings manufactured (by non-mechanised process) indigenously.

1 KG

1

Gold

1.005 KG

2

Platinum

1.005 KG

3

Silver

1.0075 KG

M4

Any Jewellery / Articles manufactured by a fully mechanised process and unstudded.

1 KG

1

Gold

1.002 KG

2

Platinum

1.002 KG

3

Silver

1.002 KG

M5

Mountings indigenously manufactured, used in studded Jewellery.

1 KG

1

Gold

1.001 KG

2

Platinum

1.001 KG

3

Silver

1.001 KG

M6

Gold / Silver / Platinum Medallions and Coins (excluding coins of nature of legal tender)

1 KG

1

Gold

1.001 KG

2

Platinum

1.001 KG

3

Silver

1.001 KG

M7

Gold / Silver / Platinum findings and mountings manufactured by mechanized process.

1 KG

1

Gold

1.001 KG

2

Platinum

1.001 KG

3

Silver

1.001 KG