PUBLIC NOTICE NO.28/2016, DT. 02/09/2016
Amendment in paragraph 4.61 of Hand Book of Procedures 2015-20
In exercise of powers conferred under Paragraph 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes amendments in Paragraph 4.61 of Hand Book of Procedures 2015-2020 to read as under:
|
Sl. No |
Items of export |
Minimum Value Addition |
|
a) |
Plain gold / Platinum/ Silver Jewellery and Articles and ornaments like Mangalsutra containing gold and black beads / imitation stones, except in studded form of jewellery. |
3.5% |
|
b) |
All types of Studded gold / platinum / silver Jewellery and articles thereof. |
6.0% (for those studded with coloured Gem stones) and 7.0% (for those studded with diamonds). |
|
c) |
Any jewellery / articles manufactured by fully mechanized process |
2% |
|
d) |
Gold / silver / platinum medallions & coins (excluding coins of nature of legal tender) |
1.5% |
|
e) |
Gold / silver / platinum findings / mountings manufactured by mechanized process |
2.5% |
Effect of this Public Notice:
With this amendment paragraph 4.61 of the Hand Book of Procedures 2015-2020 will also cover minimum value addition for export of Silver/ Platinum jewellery and articles thereof, which were inadvertently left out earlier, These amendments will be applicable with effect from 01.04.2015
(Anup Wadhawan)
Director General of Foreign Trade
(F.No. 01/94/180/172/AM14/PC-4(PT)
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