In a significant development for the gem and jewellery industry, the Directorate General of Foreign Trade (DGFT) has decided to temporarily suspend the revised wastage norms for gold, platinum, and silver content in jewellery exports
DGFT has put on hold changes in wastage norms for gold, platinum, and silver content in jewellery exports following GJEPC s request for a balanced approach to minimize disruption and consider the impact on MSMEs.
DGFT Holds Revised Wastage Norms for Gem & Jewellery Exports: GJEPC bilkulonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bilkulonline.com Daily Mail and Mail on Sunday newspapers.
In its 27 May amendment to export policy, the government reduced the wastage limit on gold and platinum jewellery to 0.5% from 2.5% and on silver jewellery to 0.75% from 3.2%.