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Adg Exports

Gems & Jewellery >> Jewellery Shops >> Delhi


Road No-71, House No-45, Punjabi Bagh West
Delhi 110026
Phone : 11-25222291 Fax :

Akshay K. Diamond Co
Gems & Jewellery >> Metal Jewellery >> Delhi
C-10, Ground Floor, Maharani Bagh
Delhi 110065
Phone : 11-26914434/26922844 Fax :

Alankar Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
2502/8, 3rd Floor, Gurudwara Road, Karol Bagh
Delhi 110005
Phone : 11-25863800 Fax : 11-25869800

Aloha
Gems & Jewellery >> Metal Jewellery >> Delhi
16, Feroz Gandhi Road, Lajpat Nagar - III
Delhi 110024
Phone : 11-29831375/29831386 Fax : 11-29812093

Ands Trading Pvt. Ltd


Gems & Jewellery >> Metal Jewellery >> Delhi
2073/74, 2nd Floor, Lane No. 5, Chunamandi, Paharganj
Delhi 110055
Phone : 11-23558485/23588485 Fax : 11-23538788 Email :

Anil Jain Jewellers


Gems & Jewellery >> Metal Jewellery >> Delhi
D-107, Preet Vihar
Delhi 110092
Phone : 9810383697 Email :

Anishka Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
161, Hardhian Singh Road, Ghaffar Market, Karol Bagh
Delhi 110005
Phone : 11-28726325/28728578 Fax : 11-25751589 Email :

Ankit Jewellers Pvt. Ltd


Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
J-1/304, DDA Flats, Near Tara Apartments, Kalkaji
Delhi 110019
Phone : 11-26023386/26020035 Fax : 11-26218135

Anmol
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
JMD Kohinoor Mall, Shop No. 3, 1st Floor, Savitri Cinema Road, Greater Kailash - II
Delhi 110048
Phone : 11-29231476/65659998 Fax : 11-27475107
Ansul Exports
Gems & Jewellery >> Metal Jewellery >> Delhi
Shop No. 85, Bhagat Singh Market, Gole Market
Delhi 110001
Phone : 11-23361601/23347811 Fax : 11-23347811

Apm Jewellers India


Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
7/232, Geeta Colony
Delhi 110031
Phone : 11-22463290/25731185 Fax :

Arpun Exports
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
3419, Gali Bajrang Bali, Bazar Sitaram
Delhi 110006
Phone : 11-23842838 Fax :

Art Center
Gems & Jewellery >> Metal Jewellery >> Delhi
Shop No. 19, Tibetian Market, Janpath
Delhi 110001
Phone : 11-23368135 Fax : 11-23328135

Art Corner
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
Shop No. 9, Red Fort
Delhi 110006
Phone : 11-23275345/23260599 Fax :

Art Karat International Ltd


Gems & Jewellery >> Metal Jewellery >> Delhi
57-A, Khizrabad Village, New Friends Colony
Delhi 110065
Phone : 11-26922955/26915711 Fax : 11-26933845

Ascetic Cottage Arts Pvt. Ltd


Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
16/1, Doctor's Lane, Gole Market
Delhi 110001
Phone : 11-23348890/23348550 Fax : 11-23348635
Website :
Ashakamal Creations Pvt. Ltd
Gems & Jewellery >> Metal Jewellery >> Delhi
57-A, Khizrabad Village, New Friends Colony
Delhi 110065
Phone : 11-26016690 Fax : 11-26921585
B. Verma Jewellery Exports Pvt. Ltd
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
P.B. No. 2573, 14/2347, Beadonpura, Karol Bagh
Delhi 110005
Phone : 11-25743411 Fax : 11-25713411
B.N. Dhawan Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
1968, Katra Khushal Rai Kinari Bazar, Chandni Chowk
Delhi 110006
Phone : 11-26832480/26933540 Fax : 11-23268707
Website :
B.N.A. Enterprises Pvt. Ltd
Gems & Jewellery >> Metal Jewellery >> Delhi
5, Ansari Road, Daryaganj
Delhi 110005
Phone : 11-23262677/23282677 Fax : 11-23273285
Website :
Bagri Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
Jalan Market, 1075-76, Maliwara, Chandni Chowk
Delhi 110006
Phone : 11-23272092 Fax :
Bal Kishore Khanna Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
12, Rachna Building, 13/30, Wea, Ajmal Khan Road, Above Nirula's,
Karol Bagh
Delhi 110005
Phone : 11-25748351/25752996 Fax : 11-25755241
Balaji Chain Co
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
20/2781, Ground Floor, Beadonpura, Karol Bagh
Delhi 110005
Phone : 11-28721948 Fax :
Balaji Impex
Gems & Jewellery >> Metal Jewellery >> Delhi
4, Opp. Preet Vihar, Gujrat Vihar
Delhi 110092
Phone : 11-22465016/22448759 Fax :
Banarsi Dass & Sons
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
1209, Chandni Chowk
Delhi 110006
Phone : 11-23963682/23920860 Fax :
Bansal Exports
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
208-211, Kamal Plaza Building, Gurudwara Road, Karol Bagh
Delhi 110005
Phone : 11-28750300/28757100 Fax : 11-51546500
Bansal Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
144-A, Opp. R.P. Bagh, Old Gupta Colony
Delhi 110009
Phone : 11-27427577/23255775 Fax : 11-27217768
Bansal Jewellers Ltd
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
DP-13, Pitampura
Delhi 110034
Phone : 11-28750300/28757100 Fax : 11-25787048
Bansal Sons (Jewellers)
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
C-50, Malviya Nagar
Delhi 110017
Phone : 11-26687579/26686907 Fax :
Basant Rai Hukam Chand Jain Pvt. Ltd
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
1177, Kucha Mahajani, Chandni Chowk
Delhi 110006
Phone : 11-23959567/23959520
Website :
Bawa Bawa Bawa
Gems & Jewellery >> Metal Jewellery >> Delhi
N-54-A, Sainik Farms
Delhi 110062
Phone : 11-26511010
Website :
Bawa Exports
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
A-183, Surajmal Vihar
Delhi 110092
Phone : 11-22373366/22547019 Fax : 11-22579049
Website :
Be Jewelled
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
L-83, Hotel Hyatt Regency Bhikaji Cama Place, Ring Road
Delhi 110066
Phone : 11-26791234/26791073 Fax : 11-26791086
Bedi Traders Pvt. Ltd
Gems & Jewellery >> Metal Jewellery >> Delhi
504, M.G. House-I, 2, Community Centre, Wazirpur
Delhi 110052
Phone : 11-27219148/27453586 Fax : 11-27453137
Beli Ram Chiman Lal Jain
Gems & Jewellery >> Metal Jewellery >> Delhi
2655, Bank Street, Karol Bagh
Delhi 110005
Phone : 11-28754255 Fax : 11-25729591
Beli Ram Tara Chand Jain (Delhi)
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
D-15, South Extension Part-II, Main Ring Road
Delhi 110049
Phone : 11-26255321/26259385 Fax : 11-26251337
Bhai Engineering Ltd
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
9A, Amrita Shergil Marg
Delhi 110003
Phone : 11-24625566 Fax : 11-24625566
Bhatia & Company
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
1166, Kucha Mahajani, Chandni Chowk
Delhi 110006
Phone : 11-23954924
Website :
Bhatia Silver House
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
205, Dariba Kalan, Chandni Chowk
Delhi 110006
Phone : 11-23274192 Fax : 11-23266180
Website :
Bhatter Silver Smith Pvt. Ltd
Gems & Jewellery >> Metal Jewellery >> Delhi
17-A/39, W.E.A., Karol Bagh
Delhi 110005
Phone : 11-28752417/28751212 Fax : 11-25762412
Website :
Bhola Nath Brothers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
L-23, Near Odeon Cinema, Connaught Place
Delhi 110001
Phone : 11-23416039/23418630 Fax : 11-23418347
Website :
Bhola Nath Khanna & Co. Pvt. Ltd
Gems & Jewellery >> Metal Jewellery >> Delhi
L-23, Near Odeon Cinema, Connaught Place
Delhi 110001
Phone : 11-41730004/41730005 Fax : 11-51635586
Website :
Bholasons Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
2634, Bank Street, Karol Bagh
Delhi 110005
Phone : 11-28758383/28758384 Fax : 11-25748354
Website :
Bimla Gems
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
4596/7, Mahavir Niwas, 11, Daryaganj
Delhi 110002
Phone : 11-23250732 Fax : 11-23287678
Bombay Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
2058/39, Gold Plaza, 1017, 1st Floor, Gurudwara Road, Karol Bagh
Delhi 110005
Phone : Fax :
C.S. Jewels
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
22/75, Flat No. 106, Priya Apartment, Punjabi Bagh West
Delhi 110026
Phone : 11-25225788 Fax : 11-28116021
Castle Edge Exports
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
M-88, Greater Kailash-I
Delhi 110048
Phone : 11-26289460 Fax :
Cbra Gems And Jewels Pvt. Ltd
Gems & Jewellery >> Metal Jewellery >> Delhi
26/3306, Beadonpura, Karol Bagh
Delhi 110005
Phone : 11-25731785 Fax :
Chand Industries Ltd
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
9A, Amrits Shergil Marg
Delhi 110003
Phone : 11-26887711/24631082 Fax : 11-24625566
Chandra Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
528-C, Dariba Kalan
Delhi 110006
Phone : 11-23251144 Fax :
Charles River Investment Pvt. Ltd
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
F-126, Lado Sarai
Delhi 110030
Phone : 11-41665973/41445560 Fax : 11-41665974
Chinar Impex
Gems & Jewellery >> Metal Jewellery >> Delhi
1800, Kalan Mahal, Daryaganj
Delhi 110002
Phone : 11-23283306 Fax : 11-23255647
Chouhan Jeweller & Co
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
109, Kamal Plaza, Gurudwara Road, Karol Bagh
Delhi 110005
Phone : 11-28758201/28758031 Fax : 11-25841207
Columbus Concept Exports Pvt. Ltd
Gems & Jewellery >> Metal Jewellery >> Delhi
258, Narmada Apartments, Alaknand
Delhi 110019
Phone : 11-26027535 Fax : 11-26217535
Corbel Merchants Pvt. Ltd
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
50, National Park
Delhi 110024
Phone : 11-26487385 Fax : 11-26487386
Corocraft Jewellers
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
73, Yashwant Place, Chankyapuri
Delhi 110021
Phone : 11-26889052/26111077 Fax : 11-26889052
Craftarium Inc
Gems & Jewellery >> Costumes & Fashion Jewellery >> Delhi
2633, Hamilton Toad, First Floor, Kashmere Gate
Delhi 110006
Phone : 11-23918177 Fax : 11-23918117
Creative Arts
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
4596/5, Mitra Bhawan, Daryaganj
Delhi 110002
Phone : 11-23262697/23241447 Fax : 11-23265999
D & A Enterprises
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
5/17, Kirti Nagar Industrial Area, Kirti Nagar
Delhi 110015
Phone : 11-25412550 Fax : 11-25752517
De Ornate
Gems & Jewellery >> Gold Jewellery(Plain / Studded) >> Delhi
C-45, Kirti Nagar
Delhi 110015
Phone : 11-41425298 Fax : 11-25122293

Derika International
#21, Kusum Marg
DLF Phase-1
Gurgaon, HY - 122001
Email : sales@derikainternational.com
Phone : +91-120-4334987
Fax : +91-120-4334987

http://www.visheshjewels.com/

Vinty Impex
Devi's House,
386, Sant Nagar
East of Kailash
New Delhi, DH -
110065
Email :
rbs@pavera.com
Phone : +91-11-
26212535
Fax : +91-11-
26479502

1. Baguettes N Lullus'
Panchshila Park Delhi, Delhi, India (Contact: Avneet Chawla}
Products/Services : Jewellery Jewellery Designer

2. Perfect Art & Craft


R-175/7, Street-9, Ramesh Park Laxmi Nagar, Delhi, India (Contact: Rahul Mukarram}
Products/Services : Imitation / artificial / fashion jeweller Jewellery Cushion Covers, Runners,
Jewelry Boxes

3. A.S & Sons International


EC5 Shiva Market Delhi, Delhi, India (Contact: Mohd.Sarfaraz}
Products/Services : Imitation / artificial / fashion jeweller Jewellery

4. Indian Artefacts
g-51,gainda mull walayti ram,connaught circus new delhi, Delhi, India (Contact: Rippan Jain}
Products/Services : Jewellery

5. SS Indian Craft
303, Pankaj Plaza, Plot No. - 4, Sector - 4,DWARKA NEW DELHI, Delhi, India (Contact:
Pramod}
Products/Services : Jewellery Precious stones Imitation / artificial / fashion jeweller

6. S.S.INTERNATIONAL
84/C , 1ST Floor , Bharat Nagar New Freinds Colony, Delhi, India (Contact: Mr.Junaid Ali }
Products/Services : Jewellery Leather goods & accessories Carpets, rugs & durries Marbles &
Granites

7. S.K. Jewellers
C-6, Malviya Nagar Delhi, Delhi, India (Contact: RAJAT GOGIA}
Products/Services : Jewellery Pearls Precious stones Silverware & silver jewellery

8. Annant Gems & Jewellers


1073/9, Gali Langre Wali, Maliwara, Chandni Chowk delhi, Delhi, India (Contact: Mr. Vivek
Jain}
Products/Services : Jewellery Precious stones Pearls

9. Desire Silver House


Works-F-87,okhla Industrial Estate,new Delhi Delhi, Delhi, India (Contact: Sanjiv Rastogi}
Products/Services : Silverware & silver jewellery

10. Venus Craft Overseas


71, 2nd floor, Regal Building, Cannaught Place New Delhi, Delhi, India (Contact: Amir Zia}
Products/Services : Arts crafts Brassware, e.p.n.s. & brass handicrafts Paintings & sculptures
Wooden carvings Imitation / artificial / fashion jeweller Handcrafted Photoframes, Jewelery
boxes, Cutlery

11. Girdhari Lal Co. Jewellers


9 N Connaught Circus, Opposite Scindia House New Delhi, Delhi, India (Contact: Karan
Kripalani}
Products/Services : Jewellery Pearls Precious stones Silverware & silver jewellery Ear and
Nose Piercing

12. Krivi International


18/6, Ground Floor, West Patel Nagar New Delhi, Delhi, India (Contact: Mrs. Amrita Manwani}
Products/Services : Imitation / artificial / fashion jewellery Jewellery

13. M/s, Goal Winners


R-88, Ramesh Park Laxmi Nagar Delhi, Delhi, India (Contact: Suleman Khan}
Products/Services : Imitation / artificial / fashion jewellery

14. Pine International


safdarjung enclave delhi, Delhi, India (Contact: Samir Babbar}
Products/Services : Imitation / artificial / fashion jewellery

15. Baranwal Gems And Jewellery Export Private Limited


481pkt3c,sec16b dwarka new delhi india new delhi, Delhi, India (Contact: R.n.baranwal}
Products/Services : Jewellery Precious stones

16. Popular Jewellery Mart


62/2191,gurudwara road new delhi, Delhi, India (Contact: Vikas Jain}
Products/Services : Jewellery

17. Preeti Exports


corporate-B-42,1st phase,MG road ,AAYA nagar,Delhi delhi, Delhi, India (Contact: Amit Gaur}
Products/Services : Jewellery

18. Kanhai Krafts Private Limited


B 256 Okhla Industrial Area, Phase 1 new delhi, Delhi, India (Contact: Rajat Lodha}
Products/Services : Arts crafts Imitation / artificial / fashion jewellery Christmas Ornaments,
Christmas Decorative, Holiday Decoration, Gifts, Bookmarks, Table Top Accessories, Napkin
Rings, Curtain Decoration and Accessories, Tealight votive holders, Fashion Accessories -

19. Jwell Mart India


Delhi Delhi, Delhi, India (Contact: Vishal}
Products/Services : Imitation / artificial / fashion jewellery Jewellery

20. Punkam International


106/c-1streetno-6 krishnanager safdarjung enclave new delhi, Delhi, India (Contact: Rakesh
Jain}
Products/Services : Jewellery Precious stones Silverware & silver jewellery

21. SALUJA EXPORTS


380, Kohat Enclave, Pitampura New Delhi, Delhi, India (Contact: Puneet Saluja}
Products/Services : Imitation / artificial / fashion jewellery Leather goods & accessories
Fashion Accessories, Footwear

22. Aesthetix India


F-313C, Ladoo Sarai, New Delhi, Delhi, India (Contact: Vikram Kr. Jha}
Products/Services : Imitation / artificial / fashion jewellery Silverware & silver jewellery
Jewellery Painting

23. Monga Global Exports


101, 1st. Floor, Building No. 2525, Lane No. 7, Beadon Pura, Karol Bagh, n.d, Delhi, India
(Contact: Ashish Monga}
Products/Services : Imitation / artificial / fashion jewellery Jewellery

24. Yuvi Jewels


Kailash Colony New Delhi, Delhi, India (Contact: Ms. Shalini Saigal}
Products/Services : Silverware & silver jewellery

25. Alankrit Overseas


b-76, derawla nagar delhi-110009, delhi delhi, Delhi, India (Contact: Vipul Jain}
Products/Services : Jewellery Pearls Precious stones Silverware & silver jewellery

26. Khyati Enterprises


F-171/F2, DILSHAD COLONY Delhi, Delhi, India (Contact: Pradeep Kumar}
Products/Services : Imitation / artificial / fashion jewellery Jewellery Plastic moulding Plastic
products Plastic raw material Plastic sealing devices Plastic polymers Polyester film

27. MANPREET EXPORT HOUSE


E-20, Krishna Park, IInd Flr.St.No.I(New Mahavir N New Delhi, Delhi, India (Contact: Mr
S.S.Walia}
Products/Services : Imitation / artificial / fashion jewellery handbags,belts,loose
glassbeads,scraves

28. Overseas India


12, Scindia House, 2nd Floor, Connaught Circle New Delhi, Delhi, India (Contact: Prabhu}
Products/Services : Jewellery Costume Jewelry, Wholesale Costume Jewelry

29. The Slate House


N 159, Panchsheel Park DELHI, Delhi, India (Contact: Rajiv Kumar}
Products/Services : Precious stones Natural Stones

30. Hind International, New Delhi


4349/7, Jai Mata Market, Tri Nagar NEW DELHI, Delhi, India (Contact: Balraj Saini}
Products/Services : Imitation / artificial / fashion jewellery

31. The Angle World


S 98, Panchsheel Park NEW DELHI, Delhi, India (Contact: Mr. Kanav Puri}
Products/Services : Imitation / artificial / fashion jewellery Jewellery Organizers

32. Jwell Craft


356, Kucha Ghasi Ram, IInd Floor, Chandni Chowk NEW DELHI, Delhi, India (Contact: Rajeev
Narayan}
Products/Services : Jewellery jewelry

33. A1 Gems Jewels


23/20 B, Kapoor Complex, Tilak Nagar NEW DELHI, Delhi, India (Contact: Anil Dhawan}
Products/Services : Jewellery Pearls Precious stones Silverware & silver jewellery Diamond
Jewellery

34. Chariot International Pvt. Ltd.


A-1/54, Safdarjung Enclave DELHI, Delhi, India (Contact: Maninder}
Products/Services : Precious stones Natural Stones-Marble, Granite

35. Madhumita Exports


A-17, kirpal appats, 44, i, p, extn, Patparganj DELHI, Delhi, India (Contact: Miss Madhumita /
Mr. Sauvik}
Products/Services : Imitation / artificial / fashion jewellery Indian Handicrafts / tribal art & crafts

36. MEGHNA INTERNATIONAL INC.


A-13 / 19-B KALKAJI EXTN New Delh, Delhi, India (Contact: MR. Rahul Misra}
Products/Services : Imitation / artificial / fashion jewellery

37. Dayson International


1/2 Kalkaji Extension New Delh, Delhi, India (Contact: Ashish Dayal}
Products/Services : Jewellery Pearls Precious stones

Company Name: Ambika Gems & Jewellery

Contact Person: Mr. Virender Grover


Telephone: +(91)-(11)-42460493

Mobile / Cell +(91)-9999665979 Call / SMS free


Phone:

Address: No. 7, Road No. 5, East Punjabi Bagh, Delhi, Delhi - 110 026 (India)

CHAPTER: 8

Diamond, Gem & Jewellery Export Promotion Schemes

8.1 Policy

The Policy relating to Replenishment (REP) Licence, Diamond Imprest Licence, Bulk
Licence and Schemes for gold/ silver/platinum jewellery is given in chapter 8 of the Policy.

8.2 Replenishment Licence

An application for REP Licence may be made to the licensing authority concerned as given
in Appendix-29 in the form given in Appendix-15A alongwith the documents prescribed
therein.

8.3 The application shall be filed within six months following the month/quarter during which
the export proceeds are realised. For export proceeds realised during the month/quarter,
consolidated application for entire month/quarter shall be filed. However, if any
supplementary application is to be filed, it may be accepted with a cut of 10% on entitlement.
In case of third party exports, Replenishment benefit shall be admissible provided the EP
copy of the Shipping Bill shows the names of both the manufacturer and the third party and
REP licence against such exports is claimed by either of the parties after furnishing a
disclaimer from the other party. REP licences will be transferable.

8.4 In case where part payment has been realised against an invoice, the application for
REP licence may be made within six months following the month during which part payment
was realised, provided;

(a) Not more than two such applications may be made for each such invoice; and

(b) The first such application shall be made only after 50% of the proceeds of the invoice is
realised.

8.5 In case where payment is received in advance and exports take place subsequently, the
application for REP licence shall be filed within six months following the month during which
the exports are made.

8.6 For the purpose of clarity, it is again reiterated that the month in which the export has
been made in the case of advance payment and the month in which export proceeds have
been realised in part or full after making of the exports, shall be excluded while calculating
the period of six months for the purpose of filing of application for REP licence.

8.7 The rate of entitlement will be with reference to the date of export.

8.8 The procedure laid down in paragraph 15.3 of this Handbook regarding issuance of split-
up licences shall mutatis-mutandis to Replenishment Licences issued under this Chapter.

8.9 REP Licence Against Rough Diamonds

Export of rough diamonds is permissible of the imports made against relevant Bill of Entry
for the purpose of replenishment benefit. This will be applicable for exports effected on or
after 13th April,1998. For the purpose of claiming REP licence against such export of rough
diamonds, the exporter shall furnish Bill of Entry in his own name for imports of rough
diamonds . The licensing authority while issuing the REP licences, shall make suitable
endorsement on the original Bill of Entry to avoid further use of the same Bill of Entry for
claiming additional REP Licences.

8.10 REP Licences in Cases Where the Original Bank Certificate or Customs Attested
Invoice or Shipping Bill is Lost.

An application for the grant of REP licence may be considered by the licensing authority
concerned in cases where either the original Bank certificate of Export and Realisation or
the original customs attested invoice or the shipping bill has been lost. Such application shall
be accompanied by the following documents:

(i) A duplicate copy of the Bank Certificate of Export and Realisation in lieu of the original or
a certificate from the Customs certifying that exports have, in fact been made in lieu of the
customs attested invoice or the E.P Copy of the shipping bill, as the case may be;

(ii) An affidavit by the exporter about the loss of the Bank Certificate of Export and
Realisation or the Customs attested copies of invoice or the E.P copy of the shipping bill as
the case may be, with an undertaking to surrender the same to the licensing authority
concerned, in case the same is subsequently found;

(iii) An Indemnity Bond from the exporter indemnifying the Government against loss, if any,
in rupees which the Government may incur in such cases;

(iv) No REP licence shall be issued in cases where all the three documents in original,
namely Bank certificate of export and Realisation, the Customs attested copy of invoice and
EP copy of shipping bill are lost.

8.11 Diamond Imprest Licence

An application for Diamond Imprest licence may be made to the licensing authority
concerned as given in Appendix-29 in the form given in Appendix-15B along with the
documents prescribed therein. In addition, the exporter shall give:

(i) Declaration giving the name and address of his bankers;

(ii) Certificate from his bankers to the effect that realisation of export proceeds against
exports made by the exporter are not outstanding for a period of more than six months.

8.12 Export Obligation

The Diamond Imprest Licence shall carry an export obligation fixed in the inverse ratio of
65% of replenishment, i.e, if the licence is issued for a cif value of US$65, the fob value of
export obligation shall be US$100. At the time of redemption, the actual entitlement of the
licencee shall be recalculated with reference to the replenishment rates admissible for the
corresponding export products as given in Appendix-30A. Due to such re-calculation, if the
entitlement of the licence holder comes to more than US$65 as in the above mentioned
example, the licensing authority shall issue a REP Licence for a value equivalent to
whatever is in excess of US$65 for import of rough diamonds. Diamond Imprest Licence for
import of rough diamonds or the materials imported against this shall be freely transferable
after the export obligation has been fulfilled. Holder of the Diamond Imprest Licence for
import of cut & polished diamonds shall achieve a minimum value addition of 10%. While
discharging export obligation, the quantity of cut & polished diamonds imported against such
licence shall be accounted for in the caratage. Cut and polished diamonds exported for
discharge of export obligation need not necessarily be the same cut and polished diamonds
imported under this licence, as para 8.3 of the Policy permits mixing of these diamonds with
other diamonds. The Holder of the Diamond Imprest Licence shall be eligible for import of
cut & polished diamonds each not exceeding ¼ of a carat (25 cents) in weight. Such
licences for the import of cut & polished diamonds/goods imported against such licence shall
be subject to actual user condition and will not be transferable even after completion of
exports. The entitlement of Diamond Imprest Licence for import of cut & polished diamonds
shall be exhausted within the same year of its issuance and shall not be allowed to be
carried forward to the next year..

8.13 Execution of BG/ LUT

Before clearance of the first consignment of import, the licensee shall execute with the
licensing authority, Bank Guarantee (BG)/Legal Undertaking (LUT)/Joint LUT as the case
may be. However, no BG/LUT/Joint LUT shall be required to be executed where the
specified export obligation has been fulfilled before making any imports.

8.14 Legal Undertaking Limit


(i) The following table gives the LUT/Joint LUT limit for different categories of exporters;

TYPE OF EXPORTER LIMITS


Super Star Trading House and Units within the same Unlimited
group/ Public Sector Undertaking and units within the
same group
Export House/ Trading House/ Star Trading house and Upto five times of FOB value of
units within the same group. exports effected in the preceding
licensing year/current year
Exporters having performance of past export but not Upto two times of FOB value of
covered under Sl.No.1 and 2 above exports made during the
preceding licensing year.
Any overseas Company with its branch office in India Upto 50% of Annual average
with an its Annual average turnover in Diamonds turnover of the Preceding three
during preceding three Licensing years not less than licensing years
Rs. 150 crores

(iii) The applicant may submit the LUT alongwith the application itself which may be
accepted and such an acceptance may be endorsed on the back of the licence.

(iv) For Diamond Imprest Licence also, a LUT on an annual basis shall be executed.

(v) The LUT/Joint LUT shall be executed in the form given in Appendix-24B.

8.15 Bank Guarantee

If the licensee does not have LUT limit, he shall be required to execute Bank Guarantee for
50% of the CIF value of the licence in the form given in Appendix-24A.8.16 Appointment of
Agents

The facility of appointment of agent(s) to operate Diamond Imprest Licences or for opening
of letters of credit shall not be permitted.

8.16(A) Commission/ Brokerage/ Advance

The Diamond Imprest Licence holders are allowed to pay commission/brokerage charges
upto 1.5% of CIF value of import provided there is a corresponding increase in the export
obligation.

8.17 Further Licences

In respect of Diamond Imprest Licences issued on past export performance basis,


subsequent applications for issuance of the licence may also be considered if 75% of export
obligation fixed on the earlier licence has been fulfilled. In respect of Diamond Imprest
Licence for import of cut & polished diamonds, subsequently one more application for issue
of the licence may also be considered, if 75% of the export obligation on the earlier licence
has been fulfilled. However, a licence in the next year will be issued only if 75% of the
Export Obligation on the subsequent licence has been fulfilled.

8.18 Import From DTC

In case advance remittance to DTC has been effected against the Diamond Imprest Licence
within the validity period of such licence and the import could not be effected within the
validity period of this licence, then for the purpose of custom clearance such Diamond
Imprest Licence shall stand automatically revalidated for a period of one month.

8.19 Extension of Export Obligation Period

The Licensing Authority may grant extension in export obligation period for a period of four
months against one or more consignment / sight on payment of penalty of 1% on the
unfulfilled FOB value of Export obligation with reference to CIF value of the imports made for
which extension is being sought. Any request for extension beyond a period of four months
can be considered only by a Committee headed by the Director General of Foreign Trade.

8.20 Regularisation of Bonafide Default

The cases of bonafide default in fulfillment of export obligation of not more than 5% by a
Diamond Imprest Licence holder may be regularised if the licence holder pays to the
licensing authority, a sum in Rupees which is equivalent to the shortfall in export obligation
expressed in free foreign exchange. Alternatively, the Diamond Imprest Licence holder may
surrender to the licensing authority REP licences of the product category at Sl.no. 2.1 to 2.5
of Appendix-30A of a value equivalent to twice the amount of shortfall in export obligation
expressed in free foreign exchange.

8.21 Bulk Licence for Rough Diamonds

The following persons are eligible to apply for Bulk Licences: (a) M/s Hindustan Diamond
Company Ltd (HDCL), Mumbai; (b) MMTC Ltd, New Delhi; (c) Exporter whose annual
average FOB value of export of cut and polished diamonds during the preceding three
licensing years has been not less than Rs. 75 crores; (d) Any overseas company with its
branch office in India whose annual average turnover in diamonds during the preceding
three licensing years is not less than Rs. 150 crores. An application for issue of a Bulk
Licence may be made to the licensing authority concerned as given in Appendix-29 in the
form given in Appendix-15C alongwith documents prescribed therein.

8.22 Entitlement

The value of Bulk Licence shall not exceed 50% of the annual average value of export of cut
and polished diamonds made by the applicant during the preceding three licensing years. In
the case of any overseas company with its branch office in India, the entitlement shall not
exceed 50% of annual average turnover of the preceding three licensing years. However, for
HDCL/MMTC the value of the bulk licence shall be 1.5 times of the total value of rough
diamonds imported by them against the bulk license(s) in the preceding year.

8.23 Validity

The value of Bulk Licence shall be for a period of 12 months from the date of issue.

8.24 Procedure for Servicing Rough Diamonds Under Bulk Licence

The Bulk Licensee shall follow the procedure as given in Appendix-30C while servicing
rough diamonds to the eligible persons.

8.25 Fulfillment of Obligation Under Bulk Licence

The Bulk Licensee shall furnish to the licensing authority, the proof of supplying rough
diamonds to the REP/Diamond Imprest licensee and to the EOU/EPZ units within the
prescribed period. The Bulk licensee shall submit the details of such supplies alongwith the
original proforma signed by the licensing authority. The licensing authority shall compare
such original with the proforma retained by it and thereafter redeem the case provided the
Bulk licensee has supplied the rough diamonds upto the value of rough diamonds imported
under the Bulk Licence. If the Bulk licensee fails to supply rough diamonds within the
prescribed period, he shall surrender REP Licences of S.No. 2.1 to 2.6 of Appendix-30A for
a value twice the value of such rough diamonds imported under the Bulk licence. Such
licences shall have a minimum validity of three months on the date of surrender.
Private/Public Bonded Warehouses shall follow the procedure as prescribed above for
supplying rough diamonds to the REP/Gem/Diamond Imprest Licences and shall submit the
details of such supplies to the Customs Authorities.

8.26 Further Bulk Licence

The Bulk licencee, may apply for issuance of further Bulk licence even before the expiry of
the previous Bulk licence provided he submits the proof to the licensing authority of
supplying rough diamonds to the extent of 75% of the value of the previous Bulk licence.

8.26(a) Diamond Dollar Account

The procedure of operating Diamond Dollar Accounts Scheme (DDAS) shall be as follows:

(a) All pre and post shipment credit facilities given by the banks in terms of Dollars to
diamonds importers/exporters operating under DDAS shall be designated in Dollars and be
reflected as borrowings in their DDAS. Export realisation as well as dollar realisation from
local sale of rough/polished diamonds shall be credited immediately to such dollar accounts
on receipt of the same.
(b) DDAS eligible firms and companies may be allowed to open a Diamond Dollar Account
with their bankers. A maximum of two Diamond Dollar Accounts would be allowed with two
separate banks.

(c) The sources of dollars in Dollar Accounts shall be (i) bank finance; (ii) export proceeds
from shipments of polished/rough diamonds; and (iii) sale proceeds from local sales of
polished/rough diamonds.

(d) An exporter/local seller of cut & polished diamonds operating under DDAS may apply for
Replenishment licence to the Regional Licensing Authority (RLA) of DGFT in accordance
with the para 8.2 of the Exim Policy and para 8.2 to 8.7 of Handbook (Vol.1). While making
this application, the exporter will give an undertaking that the said application will operate
under DDAS. Regional Licensing Authority shall calculate its entitlement as per Appendix
30A and issue Replenishment licence. However, Replenishment licence issued under DDAS
shall be non transferable and this will be so specifically indicated by the Regional Licensing
Authority. Regional Licensing Authority will make an endorsement on these Replenishment
licences that payment for import against these licences shall be made from Diamond Dollar
Account only. On receipt of payments against export/local sales, on the basis of self
declaration indicating the value addition by the exporter/local seller, the bank will credit the
value addition part to Rupee Account and balance to Diamond Dollar Account and issue a
certificate. The exporter will produce such certificate(s) from the concerned bank as to the
amounts credited to Diamond Dollar Account & Rupee Account to the RLA alongwith the
Replenishment licence application. The RLA will issue the Replenishment licence after
satisfying itself that all requirements have been met. While effecting import of rough
diamonds, under DDAS, the exporter will make payments from DDA and will clear the
consignment from Custom against these Replenishment licences issued under this scheme
only. Such payments can be made in advance, whenever permitted, or after clearance of the
parcel. Similarly, the exporter can buy rough diamonds from the local market from DDA
holder on payment of dollars from DDA and debit of Replenishment licences issued under
this scheme.

(e) In respect of local purchase of cut & polished diamonds, the buyer will pay to the seller
the purchase value in dollars alongwith a disclaimer certificate with respect to the licence
according to appendix 30A for the local purchases, on the basis of which the seller will apply
to the office of the RLA for the Replenishment/Imprest obligation application as per
Appendix 30A enclosing therewith the certificate from the bank, giving details of the value
and invoice of cut and polished diamonds purchased by him locally. There shall not be more
than one transaction of a particular sale/purchase before export and the seller/ exporter will
give a self declaration to this effect. Exporter will make an application to the RLA on monthly
basis based on the export realisations received less the disclaimer certificates for licences
issued by him, if any, in accordance with Appendix 30A for the local purchase of cut &
polished diamonds, the payments for which have been made from the Diamond Dollar
Account.
(f) Bulk licences for rough diamonds may be issued as per paragraph 8.10 and 8.11 of Exim
Policy and paragraph 8.21 to 8.26 of Handbook (Vol.1). A bulk licence holder, in addition to
the present scheme, may also operate under Diamond Dollar Account Scheme, then while
making the application, the applicant will specifically give a declaration to this effect to the
RLA. RLA while issuing Bulk Licence will make an endorsement on this Bulk licence that
payment for import of rough diamonds against this Bulk licence shall be made from Diamond
Dollar Account only. This bulk licence holder can sell rough diamonds against production of
valid Diamond Imprest Licence/Replenishment licence /Gem Replenishment licence to a
buyer, who is operating under Diamond Dollar Account Scheme. Buyer will make payment
for purchase of such rough diamonds in dollars from his Diamond Dollar Account . The bulk
licencee shall follow the procedure as given in para 8.24 and 8.25 of Handbook (Vol.1). Bulk
licencee will be able to import rough diamonds by making payment from his Diamond Dollar
Account and will submit Bulk Licence issued under this scheme to Custom Authorities at the
time of clearance. A bulk licence holder operating under DDAS is also permitted to sell to an
exporter not operating under DDAS against valid Diamond Imprest Licence/Replenishment
licence /Gem Replenishment licence but against payment in Dollar obtained from the bank
by debiting exporter’s Exchange Control copy of the licence, and the payment so received
shall be credited to the Diamond Dollar Account of the Bulk Licence holder.

(g) Diamond Imprest Licence may be issued as per para 8.3 to 8.5 of Exim Policy and para
8.11 to 8.20 of Handbook (Vol.1). In case the applicant wants to operate under Diamond
Dollar Account Scheme, he will give a declaration to this effect to Regional Licensing
Authority. RLA will issue Diamond Imprest Licence with a specific endorsement that this
licence shall be operated under Diamond Dollar Account Scheme. The Licence holder will
produce this licence before the concerned bank with whom Diamond Dollar Account has
been opened who may permit remittance of dollars for purchase of rough diamonds,
equivalent to CIF value of this licence. On receipt of payments against export/local sales, on
the basis of self declaration indicating the value addition by exporter/local seller, the bank
will credit the value addition part to Rupee Account and balance to Diamond Dollar Account
and issue a certificate, the exporter will produce such certificate(s) from the concerned
banks as to the amounts credited to Diamond Dollar Account and Rupee Account to the
RLA at the time of application for redemption. The RLA will issue the redemption, additional
entitlement, if any, after satisfying itself that all requirements have been met.

(h) Customs appraisal shall be applicable to physical imports/exports as at present and shall
not apply to domestic sale/purchase of rough/polished diamonds.

(i) The procedure and documents for physical imports and exports shall remain unchanged
for DDA holders including the requirement of Diamond Imprest Licence/ Rep Licence/Bulk
Licence/Gem Rep Licence and replenishment norms, (Appendix 30A) prescribed in the Exim
Policy. Other provisions of this chapter regarding Bulk licence and Diamond Imprest Licence
like execution of Bank Guarantee/Legal Undertaking, time period for completion of export
obligation, redemption of licence etc will be equally applicable to the licences issued under
this scheme.
8.27 Loss of Gem and Jewellery

Consignments of gem and jewellery items exported out of the country and lost in transit after
exports, where foreign exchange against such exports has been realised or insurance
claims settled, will also be eligible for REP licence.

8.28 Wastage Norms

The wastage or manufacturing loss on gold/silver/platinum jewellery and articles thereof is


as follows:

Wastage Norms
Percentage of wastage
by weight with
reference to gold/
Item of exports
platinum/ silver content
in the export item
Gold/Platinum Silver
a. Plain jewellery and articles and ornaments like 3.5% 4.5%
Mangalsutra containing gold and black beads/imitation
stones, cubic zirconia etc. but excluding diamonds,
precious, semi-precious stones. However, if the per gram
value of the semi-precious stones utilised in the making of
the jewellery/articles is less than the per gram value of
gold/silver/platinum, the wastage norms of plain jewellery
shall be applicable.
b. Studded jewellery other than those covered by (a) above 9.0% 10%
and articles thereof
c. Mountings and findings manufactured indigeneously 3.5% 4.5%
d. Chains/Bangles manufactured by a fully mechanised 1.25% 1.25%
process and unstudded.
e. Mountings, whether imported or indigenously 2.5% 2.5%
procured/manufactured, used in the studded jewellery
f. Gold/ silver/ platinum medallions and coins (excluding the 0.25% 0.25%
coins of the nature of the legal tender)

8.28 (A) Value Addition

The value addition will be calculated with reference to the value of gold/silver/ platinum
content including admissible wastage. The minimum value addition shall be:

S.NO. ITEM OF EXPORT MINIMUM


VALUE
ADDITION
a) Studded gold/ platinum /silver Jewellery and articles thereof other 15%
than those covered by entry (b) below
b) Plain gold/platinum /silver jewellery/ Articles and ornaments like 10%
Mangalsutra containing gold and black beads/ Imitation stones,
cubic zirconia etc. only but excluding diamonds, precious & semi-
precious stones. However, if the per gram value of the semi-
precious stones utilised in the making of jewellery/articles is less
than the per gram value of gold/silver/platinum, the value addition
of only 10% as has been prescribed for plain jewellery shall be
achieved.
c) Gold/ platinum/ silver unstudded Chains and bangles 3%
manufactured by fully mechanised process
d) Gold/ silver/ platinum medallions & Coins (excluding the coins of 3%
the nature of legal tender)

8.29 The entitlement of quantity of gold/ silver/platinum against the export shall be the
quantity of gold/silver/platinum in the item of export plus the admissible wastage/
manufacturing loss.

8.30 Gem Replenishment Licences

The Gem REP Licences shall be valid for import of rough diamonds, precious stones, semi-
precious and synthetic stones and pearls. In addition, the licence shall also be valid for
import of empty jewellery boxes upto 5% of the value of the licence within its overall cif
value. The Gem REP licences issued against export of studded gold/silver/platinum
jewellery articles, shall also be valid for import of cut and polished precious/semi-precious
stones other than emerald upto 10% of the cif value of the licence within its overall cif value.

8.31 The Gem REP Licence are available as per the scale given in Appendix-30B. Such
licences shall have a validity of 18 months from the date of issue.

8.32 Filing of Application

(i) An application for Gem Rep licence may be given to the licensing authority concerned as
given in Appendix-29 in the form given in Appendix-15A alongwith the documents prescribed
therein.

(ii) In case E.P Copy of the shipping bill and Customs attested invoice is submitted to the
nominated agencies, the exporter shall furnish a self certified photo copy of the same along
with a certificate from the nominated agencies certifying the carat/value of studdings in case
of studded jewellery and excess the value addition achieved in the case of plain jewellery
and articles.
(iii) The provision of paragraph 8.3 to 8.8 will also be applicable for Gem Rep licences.

8.33 Agency Commission

The exporter availing the scheme of gold/silver/platinum jewellery are allowed to pay agency
commission. The value addition shall be calculated after deducting agency commission.
Wherever such agency commission is paid, the value addition shall be correspondingly
increased by the percentage of agency commission.

8.34 Endorsement on Shipping Bill and Invoice

At the time of export of jewellery, the shipping bill and the invoice presented to the customs
authorities shall contain the description of the item, its purity, weight of gold/silver/platinum
content, wastage claimed thereon, total weight of gold/silver/platinum content plus wastage
claimed and its equivalent quantity in terms of 0.995/0.999 fineness for gold/ silver and in
terms of 0.9999 fineness for platinum and its value, fob value of exports and value addition
achieved. If the purity of gold/silver/platinum used is the same in respect of all or some of
the items made out from each of these metals for export, the exporter may give the total
weight of gold/silver/platinum and other details of such similar items which are of the same
purity. In case of studded items, the shipping bill shall also contain the description, weight
and value of the precious/ semi-precious stones/diamonds/ pearls used in manufacture, and
the weight/value of any other precious metal used for alloying the gold/silver.

8.35 Conditions of Exports

The exports shall be allowed by the customs authorities provided the endorsement made on
the shipping bill and the invoice are correct and the value addition achieved is not below the
minimum prescribed in the Policy.

8.36 Proof of Exports

The exporter has to furnish the proof of exports, wherever required for export of
gold/silver/platinum jewellery and articles thereof, by furnishing the following documents:

(a) E.P copy of the shipping bill;

(b) Customs attested invoice;

(c) Bank certificate of export in the form given in Appendix-25 showing that documents has
been sent for negotiations/collections; and

(d)A declaration on the following lines: "I/We declare that outstanding realisation of export
proceeds beyond 180 days does not exceed 10% of average exports of preceding three
licensing years. I/We further declare that no export proceeds are outstanding beyond one
year or such extended period for which RBI permission has been obtained."

In case of Personal carriage of jewellery by foreign buyer, the following documents should
be submitted by the exporter/seller as proof of exports for claiming export entitlements:

(a) Copy of the shipping bill filed by the Indian Seller;

(b) A copy of the Currency Declaration Form filed by the Foreign Buyer with the Customs at
the time of his arrival; and

(c) Foreign Exchange Encashment Certificate from the Bank. In addition to this, Personal
Carriage on Documents Against Acceptance (DA)/ Cash On Delivery (COD) basis is also
allowed. The exporter will have to furnish the following documents as proof of exports for
claiming export entitlements: (i) Copy of Shipping Bill filed by the Indian Seller; and (ii) Bank
Certificate of Export and Realisation

Instructions issued by the Customs Department in this regard should be followed mutatis
mutandis.

8.37 Conversion of Purity/ Fineness

For conversion of quantity of gold/ silver/platinum in terms of equivalent quantity in terms of


fineness, the following formula shall be used:

(i) Where items of gold has been exported in terms of carats, the quantity of gold shall be
multiplied by the number of carat of gold exported, divided by 24 and thereafter again
divided by 0.995/0.999/0.900 to arrive at the equivalent quantity of gold in terms of fineness
of 0.995/0.999/0.900 respectively; and

(ii) Wherever the purity of the item of export is expressed in terms of fineness, the quantity of
gold/silver/platinum shall be multiplied by the fineness of gold/silver/platinum exported and
thereafter divided by 0.995/0.999/0.900 to arrive at the equivalent quantity of gold/
silver/platinum in terms of 0.995/0.999/0.900 fineness respectively.’.

8.38 Release of Gold/Silver/ Platinum by Nominated Agencies

The gold/silver/platinum shall be released to the exporter of jewellery by the nominated


agencies/RBI authorised banks in multiples of 10 gms or in Ten Tola Bars in respect of gold.
However, silver shall be released to the exporters in multiples of 1 Kg only. Any balance of
gold/silver/platinum shall be available to the exporters along with his future entitlement. The
gold/ silver shall be released by the nominated agencies in terms of 0.995/0.999 fineness
and platinum in terms of 0.900 fineness.

8.39 Terms of payment


Export of gold/silver/platinum jewellery and articles thereof shall be against irrevocable letter
of credit, payment of cash on delivery basis, Documents Against Acceptance (DA) basis or
advance payment in foreign exchange.

8.40 Port of Export

Exports under the schemes of gold/silver/platinum jewellery and articles thereof shall be
allowed by airfreight and Foreign Post Office through the Customs House at Mumbai,
Calcutta, Chennai, Delhi, Jaipur, Bangalore, Kochi, Coimbatore, Ahmedabad, Dabolin
Airport, Goa and Hyderabad. Export by courier shall also be allowed through Custom
Houses at Mumbai, Calcutta, Chennai, Delhi, Jaipur, Bangalore, Ahmedabad and
Hyderabad upto FOB value of Rs.20 lakhs per consignment.

8.41 Export by Post

In case of exports through Foreign Post Office which may include export via Speed Post
through Foreign Post Office, the value of the jewellery parcels shall not exceed US$50000
and 20 kg. by weight. At the time of exports, the exporter shall submit the following
documents:

(i) Shipping bills or invoice presented at the foreign Post Office;

(ii) Certificate from nominated agencies indicating the price at which gold/ silver/platinum
was booked or given on outright sale basis or loan basis.

(iii) Three copies of invoice

8.42 Value Addition

Under the scheme for export of jewellery, the value addition shall be calculated with
reference to the CIF value of gold/ silver/ platinum which shall be equivalent to the total
outflow of foreign exchange on account of gold/silver/platinum content in the export product
plus the admissible wastage. Wherever gold on loan basis has been given, the CIF value
shall also include interest paid in free foreign exchange to the foreign supplier.

8.43 Export Against Supply By Foreign Buyer

Before clearance of each consignment of import supplied by the foreign buyer, the
nominated agency shall execute a bond with the Customs, undertaking to export within the
period stipulated in the contract, gold/silver/platinum jewellery or articles equivalent to the
entire import quantity of gold/silver/platinum , mountings and findings etc excluding the
admissible wastage. In case of direct supply of gold/silver/platinum, alloys, findings and
mountings of gold/silver/platinum and plain semi-finished gold/silver/platinum jewellery to
Status Holder, the Status Holder shall furnish a Bank Guarantee to the Customs equivalent
to 1 ½ times of the Customs Duty leviable on imported gold/ silver/ platinum, alloys, findings
and mountings of gold/silver/platinum and plain semi-finished gold/ silver/ platinum jewellery
etc. The Bank Guarantee executed with the Customs shall be valid for one year. In case of
direct supply to the Status Holder, exports shall be completed within 120 days. In case of
non-fulfillment of export obligation/non-achievement of stipulated value addition, Customs
Department shall proceed to recover custom duty alongwith interest which may include
enforcement of Bank Guarantee. Besides the importer will be liable to penal action under the
Customs Act.

8.44 The nominated agency/Status Holder shall be liable to pay customs duty leviable on
that quantity which is proved to have been not exported.

8.45 The goods shall be cleared through Customs by the nominated agency Status Holder.
Even where export order is received by an Associate, the goods shall be cleared through
Customs by the nominated agency only and not the Associate. The associate shall, in such
cases, authorise the nominated agency to act as its agent to file Bill of Entry and shipping
bill.

8.46 At the time of export, the shipping bill presented to the Customs shall also contain the
following:

(i) Name and address of the associate/Status Holder;

(ii) An endorsement by the nominated agency that the export is made against an order
received by the concerned associate, its date of registration with the nominated agency. In
case of exports by Status Holder, a Self Declaration shall be provided to this effect;

(iii) The name of the Customs House through which gold/silver/platinum/plain semi-finished
gold/silver/ platinum jewellery was imported and the corresponding Bill of Entry No. and date
and the date of import.

8.47 Each shipping bill shall be valid for exports only through the Customs House located at
the place where the office of the nominated agency/Status Holder concerned is situated. It
shall be valid for shipment for a period of seven days including the date on which the
endorsement was made by the nominated agency in case of exports through nominated
agency. If the exports cannot be made within this period, the exporter shall file a fresh
shipping bill.

8.48 At the time of export, the exporter shall submit the following documents :

(i) shipping bill with two extra copies where exports are made from a Customs House other
than the Customs House through which the corresponding import of
gold/silver/platinum/plain semi-finished gold/silver/platinum jewellery was effected. In other
cases, shipping bill with an extra copy;

(ii) Three copies of invoice;


(iii) Certificate from the nominated agency indicating the quantity and value of items supplied
by the foreign buyer.*

8.49 The customs authorities shall return two copies of the shipping bill and the connected
invoice duly attested. One copy shall be sent to the person who presented the documents
and the other copy shall be sent by the Customs to the office of the nominated
agency/Status Holder.

8.50 In case of exports through nominated agency, the exporter shall submit proof of exports
to the nominated agency within 15 days of exports, who shall, after verifying the documents,
release admissible quantity of the gold/silver/platinum etc. to the exporter.

8.51 The exporter may also obtain, in advance, gold/silver/platinum etc. supplied by the
foreign buyer by furnishing a bank guarantee for an amount equal to the international price
of such items plus customs duty payable thereon. The bank guarantee shall be redeemed
only when the exporter has furnished proof of exports to the nominated agency and
accounted for the use of items supplied in advance in the export product.

8.52 For the purpose of redemption of bond/Bank Guarantee executed with the Customs ,
the nominated agency/Status Holder shall furnish a statement indicating the items, its
quantity and value supplied by the foreign buyer, the corresponding Bill of Entry number and
date, number of each of the shipping bills against which corresponding exports was made.

8.53 Maintenance of Accounts The nominated agency shall maintain complete account,
consignment-wise, of the gold, silver, platinum, mountings, findings/plain semi-finished
gold/silver/platinum jewellery etc. imported for execution of each export order, the exports
effected and the quantity of gold, silver, platinum mountings, findings etc. released against
such exports. In case of direct exports, similar accounts shall also be maintained by the
Status Holder. Such accounts shall be maintained for a minimum period of three years from
the date of exports.

8.54 Export Through Exhibitions/ Export Promotion Tours/Export of Branded


Jewellery The nominated agencies shall produce to the customs authorities letter in original
or its certified copy, containing Government's approval for holding the exhibition./export of
branded jewellery. Any other person shall produce to the Asst. Commissioner, customs the
letter in original or its certified copy containing GJEPC's approval for holding the
exhibitions/export promotion tour/export of branded jewellery.

8.55 Deleted

8.56 In case of re-import, such items, on arrival, shall be verified alongwith the export
documents before clearance.

8.57 The exports under this scheme shall be subject to the following conditions:
(a) Items not sold abroad shall be re-imported within 60 days of the close of the exhibition.
However in case the exporter is participating in more than one exhibition within 45 days of
close of the first exhibition, then the 60 days shall be counted from the date of close of the
last exhibition.

The gold/silver/ platinum content on items sold in such exhibitions may be imported as
replenishment. The exporter shall take replenishment from the nominated agency within 120
days from the close of the exhibition gold/ silver/ platinum for the purpose of replenishment
content against the items sold abroad in exhibition.

Personal carriage of gold/silver/ platinum jewellery, precious, semi-precious stones, beads


and articles as samples upto US$ 100,000 for export promotion tours and temporary
display/sale abroad is also permitted with the approval of Gem & Jewellery Export
Promotion Council subject to the condition that the promoter would bring back the jewellery /
goods or repatriate the sale proceeds within 45 days from the date of departure through
normal banking channel. In case of personal carriage for export promotion tours, the
exporter shall declare personal carriage of such samples to the Customs while leaving the
country and obtain necessary endorsement on the Export Certificate issued by Jewellery
Appraiser of the Customs. In such cases the exporter shall book with the nominated agency,
within 120 days after the export promotion tour or the expiry of the stipulated period of 45
days, whichever is earlier, gold/silver/platinum for the purpose of replenishment content
against the items sold abroad. Export of branded jewellery is also permitted with the
approval of GJEPC for display/sale in the permitted shops set up abroad or in the showroom
of their distributors/agents. Items not sold abroad within 180 days shall be re-imported within
45 days. The exporter shall book with the nominated agency within 120 days after the end of
the stipulated period of 180 days, gold/silver/platinum for the purpose of replenishment
content against the items sold abroad.

(b) The following documents shall be submitted for claiming such replenishment:

(i) Customs attested invoice;

(ii) Copy of the approval letter issued by the Government/ GJEPC;

(iii) Certificate from the nominated agency/ GJEPC in the form given in Appendix-15D.

(c) In case of exhibitions organised by the nominated agencies, the gold/silver/ platinum
shall be imported as replenishment by the nominated agencies within 60 days from the close
of the exhibition.

8.58 The nominated agencies shall maintain a complete account of the exports made, goods
sold abroad, goods re-imported, and metals purchased abroad and imported into India.
Such account shall be maintained for a minimum period of three years from the date of close
of the exhibition.
8.59 Export Against Supply By Nominated Agencies

The exporter under the scheme may obtain gold/silver/platinum on following basis:

(i) Replenishment basis after completion of exports;

(ii) Outright purchase basis in advance;

(iii) Loan basis.

8.60 Replenishment Basis

The exporter may apply to the nominated agency for booking of precious metal
gold/silver/platinum. The quantity of the precious metal booked with the nominated agency
shall be equivalent to the precious metal content in the export product and the admissible
wastage.

8.61 The applicant shall at the time of booking deposit an earnest money for a minimum
amount of 20% of the notional price of the precious metal, which shall be adjusted at the
time of actual sale.

8.62 The nominated agencies shall purchase the precious metal and thereafter issue a
purchase certificate bearing a serial number to the exporter indicating the quantity of
gold/silver/ platinum and the cif value, in dollars including the Rupee equivalent. The price
shall be the actual price at which gold/silver/platinum is purchased by the nominated
agencies plus permitted service charges but exclusive of Sales Tax. The service charges
levied by the nominated agencies shall be included with the price of gold/silver/platinum for
the purpose of value addition. The duplicate and triplicate copies of exporter's application
together with copies of purchase certificate for the exporter shall be sent by the nominated
agencies to the concerned Custom House.

8.63 The exports shall be effected within a period of 120 days from the date of booking and
the drawal of the precious metal shall be completed within a period of 150 days from the
date of booking or within 30 days from the date of export whichever is later.

8.64 Outright Purchase Basis in Advance The exporter may obtain the required quantity
of precious metal in advance on outright purchase basis subject to furnishing of Bank
Guarantee to the nominated agencies for an amount as may be prescribed by the
nominated agency. On failure to effect exports within the period prescribed, the nominated
agencies shall enforce the Bank Guarantee.

8.65 The exports shall be effected within a maximum period of 120 days from the date of
outright purchase of the precious metal.
8.66 Loan Basis The exporter may obtain the required quantity of precious metal on loan
basis subject to furnishing of Bank Guarantee to the nominated agencies for an amount as
may be prescribed by the nominated agencies. On failure to effect exports within the period
prescribed, the nominated agencies shall enforce the Bank Guarantee.

8.67 The exporter has to pay interest on gold taken on loan basis at the rate as may be
specified.

8.68 No extension for fulfillment of export obligation shall be allowed.

8.69 The export has to be completed within a maximum period of 120 days from the date of
release of gold on loan basis.

8.70 Exports Against Advance Licence

The procedure applicable to Advance Licences under chapter 7 of this Handbook shall apply
to this scheme.

8.71 The export obligation will be required to be fulfilled within 120 days from the date of
import of first consignment against the licence. The advance licence holder may import gold
as replenishment after completion of exports.

8.72 The advance licence holder may obtain gold/silver/platinum from the nominated
agencies in lieu of direct imports. In such a case, the nominated agency shall make, both the
exchange control copy and customs purpose copy of the licence invalid for direct imports.

8.73 EOU/EPZ Scheme

Inter-unit transactions in gold and its products such as wires, rods, pipes, etc. within each
EOU/EPZ shall be allowed subject to proper accounts being maintained by the units
concerned as prescribed by the EOU/EPZ Administration from time to time.

8.74 Supplier of cut and polished diamonds, precious and semi-precious stones, synthetic
stones and processed pearls from Domestic Tariff Area to the Units situated in EOU/EPZ
shall be eligible for grant of Replenishment Licences at the rate and for the items mentioned
in Appendix-30A. The procedure for submission of application for grant of Replenishment
Licence as contained in paragraph 8.2 to 8.8 of this Handbook shall be applicable. However,
the application shall be made to the Development Commissioner of the EOU/EPZ
concerned. Such supplies to EOU/EPZ are not treated as deemed exports for the purpose of
any of the deemed export benefits.

8.75 Units in EOU/EPZ/Agencies authorised by Ministry of Commerce and Industry shall be


permitted to set up showrooms/retail outlets at the international airports, to start with in Delhi
and Mumbai, for sale of plain and studded jewellery to foreign tourists in accordance with
the procedure laid down by the Customs authorities and shall be subject to the following
conditions :

(i) All jewellery items left unsold after a period of 60 days be exported abroad or returned
back to the respective EOU/EPZ.

(ii) The minimum value addition as prescribed in the Policy shall be achieved.

8.76 CIF value of mountings, findings etc. may also be taken into account for value addition
and their import/ export shall be on net to net basis. An exporter shall also be required to
achieve an additional value addition of 5% over the value of cut and polished diamonds,
precious and semi-precious stones, pearls and synthetic stones used as studdings over and
above the value addition prescribed for the gold/silver /platinum content. The minimum value
addition for units exporting loose cut and polished diamonds and precious and semi-
precious stones shall be calculated on the basis of the corresponding replenishment rates
available to such exports from DTA as given in Appendix 30-A of the Handbook (Vol- 1).

8.77 Scrap/dust/sweepings of gold may be sent to the Government of India Mint / Private
Mint from the EOU/EPZ units and returned to them in standard gold bars in accordance with
the procedure prescribed by the Customs authorities or may be permitted to be sold in the
DTA on payment of applicable Customs duty, on the basis of gold content, as may be
notified by Customs.

8.78 The EOU/EPZ units may obtain gold/silver/platinum from the nominated agencies
either on outright purchase basis or on loan basis with the terms and conditions as given in
paragraph 8.59 of this Handbook. The units have to fulfill the export obligation against such
gold within a maximum period of 120 days from the date of release of gold on loan basis.

8.78A Repairs/ Remake of Imported Jewellery and It’s Export

EOU/EPZ units may import plain/Studded gold, platinum or silver jewellery for
repairs/remaking. In such cases of export, wastage of 2% may be permitted. Export of
jewellery must be effected within 120 days of import.

8.78B Consignment-wise Accounts Between Exports and Imports

For the purpose of monitoring, in case of gems & jewellery units at the time of scrutiny at
any point of time, the unit shall be able to account for, by way of fulfillment of export
obligation and realisation of prescribed NFEP, the entire quantity of imports as might have
been made by the units. The exporter shall also account for the total quantity of imports by
way of total quantity of exports and the balance stocks including broken diamonds and other
gemstones. However, at no point of time, the unit shall be required to co-relate every export
consignment with the corresponding import consignment.

8.79 REP Licence


The application for issue of Gold /Platinum/Silver Replenishment Licence may be made to
the licensing authority concerned as given in Appendix-29 in the form given in Appendix-15A
alongwith documents prescribed therein and in accordance with the procedure given in
Paragraphs 8.2 to 8.8 of this Handbook. However, the applicant is required to furnish proof
of exports in terms of paragraph 8.36.

8.80 For the purpose of calculation of entitlement of REP Licence, the international price as
certified by SBI/MMTC shall alone be taken into account. At the time of exports, the exporter
shall furnish to the customs, a certificate from SBI/MMTC regarding the international price of
the gold/platinum/silver. The certificate issued by SBI/MMTC should not be older than 7
days. The international price shall also be indicated on the shipping bill and the invoice
presented to the Customs.

8.81 Under the REP licence scheme, no wastage or manufacturing loss as given in the
Handbook shall be allowed.

8.82 Replenishment (REP) Licence against export of plain Gold/Platinum /Silver jewellery
and articles are valid for import of

(i) Gold of fineness not less than 0.995/ Platinum of 0.900 fineness /Silver of fineness not
less than 0.999

(ii) Gold findings/mountings/solders upto 0.920 fineness upto 10% of the value of the licence
within the overall value of the licence/platinum findings /mountings/solders upto 0.920
fineness upto 10% of the value of the licence within the overall of the licence/silver
findings /mountings/solders upto 0.925 fineness upto 10% of the value of the licence within
the overall value of the licence; and

(iii) Rough diamonds, rough coloured gemstones and real or cultured pearls undrilled/unset.
However, import of rough diamonds against export of plain silver/platinum jewellery articles
shall not be permitted.

8.83 At the time of export of studded gold /platinum/silver and articles the exporter shall
furnish to the customs, a certificate from SBI/MMTC regarding the international price of the
gold/platinum/silver. The international price shall be endorsed on the shipping bill and the
invoice presented to the customs. Such certificate regarding international price of gold
/platinum/silver issued by SBI/MMTC should not be older than 7 days.

8.84 The Replenishment (REP) Licence against export of studded gold/platinum/silver


jewellery and articles are valid for import of:

(i) Gold/platinum /silver of fineness not less than 0.995/0.900/0.999, the value of which shall
be determined by taking into account the equivalent quantity of gold/platinum /silver of
0.999/0.9999/ 0.999 fineness used in the gold/platinum/silver studded jewellery exported, as
certified by the customs authorities multiplied by the international price of
gold/platinum/silver of 0.999/0.9999/0.999 fineness as shown on the customs attested
invoice plus 20% of the balance value of replenishment.

(ii) Gold/platinum findings/mountings/solders upto 0.920 fineness upto 10% of the value of
the licence within the overall value of the licence; silver findings/mountings/solders upto
0.925 fineness upto 10% of the value of the licence within the overall value of the licence.

(iii) Rough diamonds, rough coloured gemstones and real or cultured pearls undrilled/unset.
However, import of rough diamonds against export of studded silver/platinum jewellery and
articles shall not be permitted.

8.84(A) No interchange of import shall be permitted for import of items against export of
gold/silver/platinum jewellery and articles.

8.85 The REP Licence holder may obtain gold/platinum/silver from the nominated agencies.
Before supply of gold/ platinum/ silver , the nominated agency shall make the REP Licence
invalid for direct import.

8.86 Deleted

8.87 Regularistion of Bonafide Default

The cases of bonafide default in fulfillment of export obligation by an exporter who has
obtained precious metals from the nominated agencies may be regularised provided the
exporter has paid customs duty alongwith 24% interest thereon to the Customs. However, in
the case of advance licence, the provisions as given in Chapter 7 of this Handbook shall
apply. This shall be without prejudice to any action that may be taken against the exporter
under the Foreign Trade (Development and Regulation) Act 1992, the Order or the Rules
issued thereunder’.

8.88 Replenishment License for Import of Consumables

A Replenishment Licence for duty free import of consumables, equal to 1% of FOB value of
exports of the preceding year may be issued on production of Chartered Accountant’s
Certificate indicating the export performance and surrender of REP licence with a balance
validity of minimum of three months issued under chapter 8. This licence shall be non-
transferable and subject to actual user condition. This Replenishment Licence shall be valid
for duty free import of consumables as notified by the Customs. A Replenishment Licence
for import of plain/studded jewellery items equal to 2.5% of the FOB value of exports of
preceding year may be issued on production of Chartered Accountant’s Certificate indicating
the export performance. These imports shall be on payment of applicable duty. Application
for import of consumables or import of plain/studded jewellery as given above may be made
to the concerned Regional Licensing Authority in the form given in Appendix 15A.

8.89 Personal Carriage of Gems & Jewellery Export Parcels


Personal Carriage of gems & jewellery parcels by Foreign Bound Passengers from all EPZ
units and all EOUs/DTA units located in Delhi, Mumbai, Calcutta and Chennai is permitted.
The procedure for Personal Carriage of exports shall be as prescribed by Customs. The
export proceeds shall, however, be realised through normal banking channel. For claiming
the Replenishment in case of Personal Carriage of Exports by Foreign Bound passenger,
documents shall be the same as mentioned under paragraph 8.36 of the Handbook (Vol.1).
Authorised Courier companies are also permitted to operate on the above lines.

8.90 Personal Carriage of Gems & Jewellery Import Parcels

Personal carriage of gems & jewellery import parcels by an Indian Importer/Foreign National
may be permitted into all EPZ units and all EOUs/DTA units located in Delhi, Mumbai,
Calcutta and Chennai. The procedure will be the same as for import of goods by airfreight
except that the parcels shall be brought to the Customs by the Importer/Foreign National for
examination and release. The clearance of imports under this scheme shall be as per the
normal licensing system of chapter 8 of the Policy.
Neha Export House
Contact Person : Alok Goyal
Address : M-17, Laxmi Nagar, Near Jagat Ram Park,
Delhi - 110 092, Delhi (India)
Tel : 22455612
Fax : 22231757R. K. JEWELLERS & HANDICRAFTS
110065 NEW DELHI, D-2 CROWNE PLAZA THE SURYA HOTEL NEW FRIENDS COLONY

jewelry
NATHUMAL JEWELLERS
110049 NEW DELHI, E-18 SOUTH EXTENSION PART-1

diamond jewelry
VISHWANATH GEM & JEWELLERY P. LTD.
110092 DELHI, 18 WEST GURU ANGED NAGAR LAXMI NAGAR

jewelry
S.K. JEWELS
110005 DELHI, 2502/8 BEADON PURA 1ST FLOOR GALI NO. 8 GURUDAWARA ROAD

jewelry