Eximkey - India Export Import Policy 2004 2013 Exim Policy
APPENDIX 12B

REPLENISHMENT SCALE FOR GEM REP LICENCE


(Please see paragraph 4A.13 of FTP and 4A.4.1 of HBPv1)


S. No. GEM REPLENISHMENT SCALE %AGE OF ENTITLEMENT ON REMAINING FOB VALUE OF EXPORTS
i) a). Cut and polished Emeralds/ Rubies/ Sapphires in Jewellery valued upto US$ 350 per carat fob. 60% for uncut and unset Emeralds Rubies/Sapphires
b). Cut and polished Emeralds/ Rubies/Sapphires in Jewellery valued above US$ 350 per carat fob. 80% for uncut and unset Emeralds Rubies/Sapphires
ii) All varieties of semi-precious stones and synthetic stones 50% on fob value of such stones
iii) Pearls 60% on fob value of such pearls.
iv) Plain Gold/Silver Jewellery and articles 50%
v) Plain platinum jewellery and articles 50%


NOTE : For diamonds and precious stones, entitlement may be arrived a separately on the basis of overall average of per carat realisation. For semi-precious/synthetic stones and pearls, the entitlement may be worked out on an individual basis. The total will be the value of the Gem Replenishment Licence.
 

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