Eximkey - India Export Import Policy 2004 2013 Exim Policy
4.56.1

The value addition will be calculated with reference to the value of gold/silver/ platinum content including admissible wastage. The minimum value addition shall be:

S. No. Item of Export Minimum Value Addition
a) Studded gold/ platinum/ silver Jewellery and articles thereof other than those covered by entry (b) below 15%
b) Plain gold/platinum /silver jewellery/ Articles and ornaments like Mangalsutra Containing gold and black beads/ Imitation stones, cubic zirconia etc. only but excluding diamonds, precious & semi-precious stones. However, if the per gram value of the semi-precious stones utilised in the making of jewellery/ articles is less than the per gram value of gold/silver/ platinum, the value addition of only 7% as has been prescribed for plain jewellery shall be achieved. 7%
c) Any jewellery/ articles manufactured by fully mechanised process 3%
d) Gold/ silver/ platinum medallions & coins (excluding the coins of the nature of legal tender) 3%
e) Gold/silver/platinum findings/ mountings manufactured by mechanised process 5%


(Please refer CUS CIR NO.37/2002 DATE 28/06/2002)

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