Import entitlement for raw cotton clarifies permitted packing and strapping inputs and requires computation based on actual use. Adds entries to Standard Input Output Norms (SION) specifying permitted import inputs and quantities against export of raw cotton (Product Code J 373), listing grey cotton fabrics, plastic woven fabrics from polymer granules, mild steel coils and PVC straps. Computation rules require that packing be treated as either grey fabric or plastic woven fabric and strapping as either steel coil or PVC strap, and import entitlement for each input be calculated according to the portion of export product actually packed or strapped with that input.
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.
Import entitlement for raw cotton clarifies permitted packing and strapping inputs and requires computation based on actual use.
Adds entries to Standard Input Output Norms (SION) specifying permitted import inputs and quantities against export of raw cotton (Product Code J 373), listing grey cotton fabrics, plastic woven fabrics from polymer granules, mild steel coils and PVC straps. Computation rules require that packing be treated as either grey fabric or plastic woven fabric and strapping as either steel coil or PVC strap, and import entitlement for each input be calculated according to the portion of export product actually packed or strapped with that input.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
