Revised SIONs update input-output norms and licensing rules for chemical and allied export products, effective immediately. Revision implements amended Standard Input Output Norms (SIONs) for specified Chemical and Allied Product entries and updates a General Note for all export product groups, effective immediately. The SIONs prescribe input types and quantitative input-output ratios, include rules for mixed consignments and product variants, and require exporters to correlate licence inputs with shipping bill descriptions. Annexure-B sets procedural rules prioritising specific norms over generic norms, election among alternative inputs, accounting bases (net-to-net or net plus wastage), value-limited import caps for certain inputs, and validity and regularisation requirements for time-limited norms.
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Revised SIONs update input-output norms and licensing rules for chemical and allied export products, effective immediately.
Revision implements amended Standard Input Output Norms (SIONs) for specified Chemical and Allied Product entries and updates a General Note for all export product groups, effective immediately. The SIONs prescribe input types and quantitative input-output ratios, include rules for mixed consignments and product variants, and require exporters to correlate licence inputs with shipping bill descriptions. Annexure-B sets procedural rules prioritising specific norms over generic norms, election among alternative inputs, accounting bases (net-to-net or net plus wastage), value-limited import caps for certain inputs, and validity and regularisation requirements for time-limited norms.
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