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https://www.melorra.com/jewellery-guide-education/gold/buying-and-pricing/wastage-charges-and-making-charges/
Traditional jewellers always keep a margin for the amount of gold wastage usually charged to customers at a percentage included in the final price. This concept originated because jewellers used their hands at the old times resulting in a certain amount of gold wastage, and even modern machine-made jewellery has a wastage charge component.
http://www.ieport.com/2012-2013/handbook_of_procedures/CHAPTER%204A.pdf
Wastage Norms Maximum wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows: Sl. No. Item of exports Percentage of wastage by weight with reference to Gold/ Platinum/ Silver content in export item Gold/ Platinum Silver a) Plain jewellery and articles and ornaments like Mangalsutra containing
https://www.business-standard.com/article/markets/govt-tightens-value-addition-norms-for-gold-jewellery-to-stop-circular-trading-115040200441_1.html
Apr 02, 2015 · For plain jewellery articles, the wastage norm assumed has been cut from 3.5 to 2.5 per cent, while that for value-addition has been raised from three per cent to four per cent. This adds to the cost of exporting, making round-tripping unviable. Genuine jewellery exports, however, won’t be hit.Author: Rajesh Bhayani
https://www.quora.com/What-is-the-average-wastage-in-making-gold-jewellery
There is a maximum of 1% wastage. The jewellers try to minimise this remaining 1% wastage as well to keep it to the bare minimum as far as possible. Hence actual wastage comes down under 1%. This applies to all precious metals.
https://ajithprasad.com/gold-jewellery-buying-tips-wastage-charges-making-charges-va-karat-916-bis-hallmark/
Aug 09, 2012 · It’s quite ridiculous that there’s no norm for this wastage charge component and that’s exactly where your jeweller cheats you. The wastage charges typically vary from 10% to 18% in most shops while it’s quite possible to have it as high as 20% or 24% or even as low as 8%.
https://www.mygoldguide.in/a-look-into-gold-jewellery-making-and-gold-wastage-percentage-charges
Wastage charges The creation of gold jewellery including melting, cutting, and shaping gold. This leads to some amount of wastage as the perfect pieces are joined together for …
http://www.eximguru.com/exim/dgft/exim-policy/2015-2020/chapter_4_duty_exemption_remission_schemes.aspx
4.39 Wastage Norms. Wastage or manufacturing loss for gold / silver / platinum jewellery shall be admissible as per paragraph 4.60 of Handbook of Procedures. 4.40 DFIA not available. Duty Free Import Authorisation scheme shall not be available for Gems and Jewellery sector. 4.41 Nominated Agencies
http://www.sezindiainvest.com/Wastage_norms.htm
Waste, scrap or remnants generated during processes at the sub-contractor’s premises may either be returned to the Unit or may be cleared on payment of duty as if the said waste or scrap or remnants have been cleared by the Unit or may be destroyed at the sub-contractor’s premises in the presence of jurisdictional Central Excise Officer if the sub-contractor is a Central Excise registrant.
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