Value Addition Norms for availing duty exemption in Gem and Jewellery.

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..... alue Addition Norms for availing duty exemption in Gem and Jewellery. Clarifications has been sought from this Directorate on the value addition calculations as per the provisions of FTP/HBP for export of Gold/silver/platinum jewellery and articles. 2. Para 4.38 of FTP on Value Addition in Gem and Jewellery is reproduced below: Minimum Value Addition norms for gems and jewellery sector are giv .....

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..... atinum for value addition...." This has led to seeking of clarification in the matter from this directorate. 3. It is clarified that for the purpose of value addition, inputs in 'B' in para 4.38 mean duty free (either on advance or replenishment basis) gold/silver/platinum content in the export product plus the admissible wastage. 4. This issues with the approval of the DGFT. (Vijay Ku .....

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