Exemption to consumables for manufacture of Gem & Jewellery or cut & polished diamonds to holders of Replenishment Licence - 41/1999 - Customs -Tariff

Exemption to consumables for manufacture of Gem Jewellery or cut polished diamonds to holders of Replenishment Licence Notification No. 41/99-Customs 28 th April, 1999 G.S.R. 289(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby exempts the goods - (a) as specified in Annexure - I to this notification, - (i) upto one per cent. of the Free On Board (FOB) value of preceding financial year of the export of plain or studded Jewellery made of gold or platinum, when imported by the exporter of such gold jewellery or platinum jewellery; (ii) upto three per cent. of the Free On Board (FOB) value of preceding financial year of the export of rhodium-finish jewellery made of silver imported by the exporter of such rhodium-finish silver jewellery; (iii) upto two per cent. of the Free On Board (FOB) value of preceding financial year of the export of jewellery made of silver imported by the exporter of such silver jewellery; (b) as specified in Annexure - II to this notification upto one per cent. of the Free On Board (FOB) value of preceding financial year of the export of cut and polished diamonds when imported by the manufacturer and exporter of such cut and polished diamonds, when imported into India against the 6 [Replenishment Authorisation referred to in para 4.35 of the Foreign Trade Policy, 2023 notified by the Government of India, Ministry of Commerce and Industry, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide Notification No 1/2023, dated the 31st March, 2023 ] , from - (i) the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975); (ii) the whole of the additional duty leviable thereon 5 [ under sub-sections (1), (3) and (5) of section 3 ] of the said Customs Tariff Act: Provided that goods imported under this notification are used for the manufacture of gold, silver or platinum jewellery or the cut and polished diamonds, as the case may be, 4 [***] by the holders of the said Replenishment Authorisation. ANNEXURE-I Sl.No Description of goods for exporters of Gems and Jewellery 1. Special Industrial Adhesives or Gums 2. Master Alloys (used in gold jewellery for mixing in gold) 3. Gravar, files and rotary burs or files 4. Investment powder 5. Rhodium and plating salts 6. Waxes. 7. Enamels for Jewellery 8. Soldering Blocks/Plates Non Azebeztoz 9. Tubes, Ceramic Plates, crucibles, lids, insulation for electric/electronic furnaces 10. Elements, induction coils, thermocouples for electric/electronic furnaces/casting machines 11. Solders, solder powders, solder pastes or precious and non-precious metal alloys 12. Dies, Jigs, tools for chain making, hammering, facetting, welding/brazing, M/c/presses. 13. Small tools, burrs, abrasives that operate on micro motors or hand held motors 14. Molds for hydraulic/pneumatic press 15. Propriety Precious and Non-Precious salts, baths, brightners, replenishers, additives and compounds for electroplating 16. All sorts and forms of media, compounds, chemical formulations proprietary/non proprietary for polishing burnishing, cleaning jewellery. 17. Master alloys for making carat gold jewellery mainly constituting silver, copper, Zinc, Palladium and other adhesives in small quantity. 18. Master alloys for making silver jewellery 19. Master Alloys for making solders and Gold and Silver jewellery. 20. All kinds of rubbers for making molds -vulcanised, unvulcanised or semi-vulcanised 21. Silicon rubber/resin compounds for making molds 22. Fluxes, heat guard/shields compounds, pickles, salts for annealing salt baths. 23. Grinding wheels, buff wheels of all kinds for polishing 24. Anodes for electroplating, special platinised titanium 25. All forms of media and tools required for texturing jewellery. 1[ 26. Tags and labels, security censor on card, staple wire and poly bags.] ANNEXURE II Sl. No. Description of goods for exporters of cut and polished Diamonds 1. Special Industrial Adhesives 2. Gums and Solution 3. Synthetic Diamond Powders 4. Diamond Scaifes 5. Collets for E.G.S. Sticks (5.5 mm) BS/001/009 6. Dovetail HSS Grief for Top 7. Spare Box for bottom and Top Tang 8. Spare for all types of dops. 9. Collect Angles Flat 35 and 41 10. E.G.S. Bearing Small Gear 11. E.G.S. Bearing Big Front 12. E.G.S. Collect Cap 13. L.P. Claw 14. L.P. Tang (Stud and Screw) 15. L.P. Honder 16. Emery Carving Stick - G- 80 17. Wass Cover 18. Cement for Table Polishing 19. Anti Corrosion Liqued 20. Bauxilite Powder No. 80 21. Carbolin Liquid for Polishing 22. Tube lights only for gem testing lamp 23. Marking Pen 24. Sawing Blades 25. Steel Pots and Pins 26. Pots for Semi automatic Machine 27. Diamond Powder 28. Sawing Rubber Pads 29. Q-Switch 30. Yak Road and flow Tube 31. Laser Lamp and Flow Tube 32. Lens (46/58/77 mm) 33. Axis Screw 34. Guides with strips and bearing set 35. Mirror 36. Coated diamond (Board) ; 2 [37. Tags and labels, security censor on card, staple wire and poly bags.] 2. The notification of the Government of India in the Ministry of Finance, Department of Revenue, No.79/96-Customs, dated the 8th October, 1996 (G.S.R. 456(E), dated the 8th October, 1996), is hereby rescinded. ************************ Notes:- As amended by Notification Nos. 55/2000 dated 5-5-2000, 64/2002 dated 24-6-2002, 87/2004 dated 6.9.2004 and 76/2007 dated 6-6-2007, 106/2009 dated 14/9/2009 1. Inserted vide notification no. 97/2010 Cus dated 21-9-2010 2. Inserted vide notification no. 97/2010 Cus dated 21-9-2010 3. Substituted vide Not. 33/2015 - Dated 15-5-2015 , before it was read as, Replenishment Authorisation referred to in Para 4A.28 of the 'Handbook of Procedures (Volume-I)' means Handbook of Procedures (Volume-I) notified by the Government of India in the Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-I, Section-1 vide Public Notice No. 1/2009-2014, dated the 27th August, 2009, as amended from time to time 4. Omitted vide Not. 14/2017 - Dated 18-4-2017 , before it was read as, for exports 5. Substituted vide Not. 26/2017 - Dated 29-6-2017 , 1st day of July, 2017 , before it was read as. under section 3 6. Substituted vide Notification No. 28/2023 Customs, dated 01.04.2023 , before it was read as, 3 [Replenishment Authorisation referred to in para 4.36 of the Foreign Trade Policy, 2015 - 2020 notified by the Government of India in the Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide notification No. 01/2015-2020, dated the 1 st April, 2015.