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https://www.change.org/p/cro-bis-org-in-bs-bis-org-in-govt-norms-for-the-wastage-charges-in-gold-jewellery-reduction-control
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.melorra.com/jewellery-guide-education/gold/buying-and-pricing/wastage-charges-and-making-charges/
Pieces that are embellished with stones cause a little more wastage than plainer gold jewellery. Hence, the charges will differ accordingly and can range anywhere between 5-7%. However, modern methods and technology used are generally more efficient in using the gold in jewellery production, minimising the wastage that occurs while crafting the ...
https://www.mygoldguide.in/a-look-into-gold-jewellery-making-and-gold-wastage-percentage-charges
The concept of wastage charges originated because jewellers used their hands, but even modern machine-made jewellery has a wastage charge component. Pieces that are embellished with stones will usually cause a little more wastage than plainer pieces like gold bands. Hence, the charges differ accordingly. Wastage charges range anywhere between 5-7%.
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
http://dgftcom.nic.in/exim/2000/pol/Chap-08.htm
Wastage Norms. 8.18. Under the schemes for gold/silver/platinum jewellery, the wastage or manufacturing loss shall be admissible as specified in the Handbook (Vol.1). Export Against Supply by Foreign Buyer . 8.19.
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