Indian government extends gold, silver, and platinum wastage norms hold for jewellery exports until August 31, 2024, due to industry concerns.

The Indian government has extended the hold on new wastage norms for gold, silver, and platinum content in jewellery exports until August 31, 2024, due to concerns raised by the exporting community. The Gems and Jewellery Export Promotion Council (GJEPC) requested the review of the new norms, which were initially set to be re-evaluated in July. The previous wastage norms will be reinstated during this interim period.

July 29, 2024
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