In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009

Notification No: Public Notice - 98
Notification Date: 2008-10-24
Issuing Authority: DGFT-Public Notice
Subject: In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY
(PART-I, SECTION-1)

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE

PUBLIC NOTICE NO. 98 (RE-2008)/2004-2009
NEW DELHI DATED THE 24th OCTOBER, 2008

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I (RE-2008):

1. Paragraph 4A.2.1 related to value addition stands amended as follows:

Value Addition 4A.2.1 Under the scheme for export of jewellery, value addition shall be calculated as per paragraph 4A.6 of FTP. Minimum value addition shall be:

Sl. No.

Item 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%

b)

All types of Studded gold/ platinum/ silver Jewellery and articles thereof.

5%

c)

Any jewellery/ articles manufactured by fully mechanised process

1.5%

d)

Gold/ silver/ platinum medallions & coins (excluding coins of the nature of legal tender)

1.5%

e)

Gold/ silver/ platinum findings/ mountings manufactured by mechanised process

2.25%

 This issues in Public interest.

Sd/-
( R.S. GUJRAL )
DIRECTOR GENERAL OF FOREIGN TRADE and
EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT. OF INDIA

(Issued from F.No.01/94/180/G&J –Value Addition /AM09/PC.4)

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