PARA 4.4.13
NO CHANGE
PARA 4.4.13
Gem Replenishment (Gem REP) Licence may be issued under the
schemes for export of gold/silver/platinum jewellery and articles thereof as
given in paragraph 4.4.8, 4.4.9, 4.4.10 and 4.4.11 of the Policy. In the case of
plain gold/ silver/platinum jewellery and articles, the value of such licences
shall be determined with reference to the realisation in excess of the
prescribed minimum value addition. In the case of studded gold/silver/platinum
jewellery and articles thereof, the value of Gem Replenishment Licence shall be
determined by taking into account the value of studdings used in items exported,
after accounting for the value addition on gold/silver/platinum including
admissible wastage. Such Gem REP licences shall be freely
transferable.
(Please refer Cus Cir
No.49/2002 Date 09/08/2002)
(Please refer CUS CIR
NO.37/2002 DATE 28/06/2002)
(Please refer Cus Ntf
No.60/2002 Dt.07/06/2002)
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