The DGFT has issued Trade Notice No. 15/2024-2025 dated August 29, 2024, putting Public Notice No. 05/2024 on hold until September 15, 2024. This concerns the revision of wastage norms for Gold, Platinum, and Silver in exports. Industry feedback is sought within 7 days on the proposed revised norms.
Attention of Trade and Industry is invited to Public Notice No. 20/2024 dated 29.08.2024 vide which Public Notice No. 05/2024 dated 27.05.2024 (which had been issued to modify the wastage permissible and Standard Input Output Norms with reference to Gold/Platinum/Silver content in export item) has been kept in abeyance up to 15th of September, 2024.
This Directorate is proposing revised wastage norms for Gold/ Platinum/ Silver jewellery based on the industry visits in different units/ locations.
Revised wastage norms are annexed herewith as Annexure 1.
Trade and Industry is advised to utilise this opportunity and submit any inputs/ comments within 7 days from the from the date of issuance of this Trade Notice to the Norms Committee at the following e-mail id: nc2.dgft@nic.in
The Trade Notice along with the annexure can be accessed at: https://a2z-bucket.s3.amazonaws.com/Trade_Notice_No._15.pdf