Standard Input Output Norms updated: new chemical export-import equivalencies set allowed input items, quantities and CIF limits. The Director General of Foreign Trade has added entries A-2687 to A-2693 to the Handbook of Procedures, Vol.2 (Chemicals and Allied Products), linking specified export hydrocarbons and chemical products to allowed import items (primarily crude oil, naphtha and refinery catalysts/chemicals), prescribing quantitative import-to-export norms per metric ton and imposing CIF value ceilings expressed as percentages of FOB export value; certain entries exclude lubricants and petrochemical derivatives and some carry stated temporal validity.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Standard Input Output Norms updated: new chemical export-import equivalencies set allowed input items, quantities and CIF limits.
The Director General of Foreign Trade has added entries A-2687 to A-2693 to the Handbook of Procedures, Vol.2 (Chemicals and Allied Products), linking specified export hydrocarbons and chemical products to allowed import items (primarily crude oil, naphtha and refinery catalysts/chemicals), prescribing quantitative import-to-export norms per metric ton and imposing CIF value ceilings expressed as percentages of FOB export value; certain entries exclude lubricants and petrochemical derivatives and some carry stated temporal validity.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
