Completed application form issued by the Authority and a photocopy of the National Identity Card and a photocopy and certificate along with the original copy of the relevant registration certificate issued by the Registrar of Companies Registration of Companies including Gem Trading, Individual or Joint Venture or Company And by submitting a six month bank report on the stock value obtained by them, Licenses will be issued based on the gross value of the stock of gems expected to be kept to a maximum during the year.
Issuing the relevant color cards
Stock Value (Rs.) | License Fee (Rs.) |
500,000 Up to | 5,000.00 |
1,000,000 Up to | 7,500.00 |
2,000,000 Up to | 15,000.00 |
3,000,000 Up to | 20,000.00 |
5,000,000 Up to | 25,000.00 |
10,000,000 Up to | 30,000.00 |
20,000,000 Up to | 45,000.00 |
50,000,000 Up to | 70,000.00 |
100,000,000 Up to | 100,000.00 |
over 100,000,000 | 500,000.00 |