Customs Broker association membership becomes mandatory in the operating jurisdiction, with exclusive membership and limited compliance-time relaxatio...
The Director General of Foreign Trade, u/s 1.03 & 2.04 of Foreign Trade Policy, 2023, amended Para 4.59 of Handbook of Procedures, 2023. Wastage percentages for various jewellery items were revised. Additionally, Standard Input Output Norms (SION) M-1 to M-7 were modified for export items like plain jewellery, studded jewellery, mountings, and findings. The amendment impacts the permissible wastage and norms for jewellery exports. This amendment aims to regulate and streamline the export process for jewellery items.
The Director General of Foreign Trade, u/s 1.03 & 2.04 of Foreign Trade Policy, 2023, amended Para 4.59 of Handbook of Procedures, 2023. Wastage percentages for various jewellery items were revised. Additionally, Standard Input Output Norms (SION) M-1 to M-7 were modified for export items like plain jewellery, studded jewellery, mountings, and findings. The amendment impacts the permissible wastage and norms for jewellery exports. This amendment aims to regulate and streamline the export process for jewellery items.
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