Standard input-output norms revision for leather and footwear updates permissible inputs and import conditions, altering licensing norms. Director General of Foreign Trade revises Standard Input-Output Norms (SIONs) for leather, leather products and footwear and amends the General Note for Leather & Leather Products; the listed SION entries (including new entry G3 A) are superseded by detailed product-specific input schedules in Annexure A and the General Note is revised in Annexure B. The amendments set quantitative input allowances, net-to-net and wastage rules, restrictions on synthetic rubber and antioxidants, dyes valuation limits, provisions for processing chemicals when tanning is undertaken by the exporter or an endorsed supporting unit, and take effect from 15.9.2023.
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Standard input-output norms revision for leather and footwear updates permissible inputs and import conditions, altering licensing norms.
Director General of Foreign Trade revises Standard Input-Output Norms (SIONs) for leather, leather products and footwear and amends the General Note for Leather & Leather Products; the listed SION entries (including new entry G3 A) are superseded by detailed product-specific input schedules in Annexure A and the General Note is revised in Annexure B. The amendments set quantitative input allowances, net-to-net and wastage rules, restrictions on synthetic rubber and antioxidants, dyes valuation limits, provisions for processing chemicals when tanning is undertaken by the exporter or an endorsed supporting unit, and take effect from 15.9.2023.
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