Value addition requirement imposed on specified petroleum products under Appendix 11B, affecting export compliance obligations. An amendment to Appendix 11B of the Handbook of Procedures (Vol. I) adds a value addition requirement for specified petroleum products comprising Light Ends, Middle Distillates and Heavy Ends, excludes certain lubricants and petrochemicals, and prescribes a minimum value addition threshold for exports of those SION-listed items, to take effect immediately.
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Provisions expressly mentioned in the judgment/order text.
Value addition requirement imposed on specified petroleum products under Appendix 11B, affecting export compliance obligations.
An amendment to Appendix 11B of the Handbook of Procedures (Vol. I) adds a value addition requirement for specified petroleum products comprising Light Ends, Middle Distillates and Heavy Ends, excludes certain lubricants and petrochemicals, and prescribes a minimum value addition threshold for exports of those SION-listed items, to take effect immediately.
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