APPENDIX 12 B

 

REPLENISHMENT SCALE FOR GEM REP LICENCE

 

 

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  at 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.