Govt revises wastage, input-output norms for gold, silver jewellery exports

Quick Summary:

The government on Friday revised norms related to the permissible amount of wastage with regard to the export of gold, silver and platinum jewellery.

The wastage norms are the permissible amount of gold or silver that can be lost during the manufacturing process of jewellery for export.

The industry had expressed concerns over the May rules which reduced the wastage norms across jewellery categories.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Exports Input-output Gold Wastage Silver jewellery Government Govt Standard input-output norms

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 20:30:51 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23365242

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