Amendment in paragraph 4.61 of Hand Book of Procedures 2015-20 - DGFT - 28/2015-2020

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE NO. 28/2015-2020 New Delhi, Dated the 02 September 2016 Sub : 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)