DGFT amends the Jewellery SION Norms under the HBP, 2023
The Director General of Foreign Trade makes the following amendments:
A. Amendment in Para 4.59 of Handbook of Procedures, 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 % |
B. Amendment in Standard Input Output Norms (SION)
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 |
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