Input-output norms for export units: self-declared and ad-hoc norms allowed pending finalisation, subject to positive foreign exchange criteria. Where no SION exist, waste, scrap and remnants up to 2% of input quantity are allowed; if additional inputs are needed or waste exceeds 2%, units may use self-declared norms as ad-hoc norms pending fixation by the jurisdictional Development Commissioner within three months and ultimate notification by the DGFT Norms Committee. Capital goods clearance/debonding is permitted on payment equal to excise on depreciated value if the unit has achieved positive Net Foreign Exchange; failure to achieve positive NFE results in depreciation allowance proportionate to the achieved NFE. New tariff-category clearance conditions into the Domestic Tariff Area require positive NFE, predominately Indian raw materials with limited duty-paid imports, and exercise of an irrevocable option under the Foreign Trade Policy.
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Provisions expressly mentioned in the judgment/order text.
Input-output norms for export units: self-declared and ad-hoc norms allowed pending finalisation, subject to positive foreign exchange criteria.
Where no SION exist, waste, scrap and remnants up to 2% of input quantity are allowed; if additional inputs are needed or waste exceeds 2%, units may use self-declared norms as ad-hoc norms pending fixation by the jurisdictional Development Commissioner within three months and ultimate notification by the DGFT Norms Committee. Capital goods clearance/debonding is permitted on payment equal to excise on depreciated value if the unit has achieved positive Net Foreign Exchange; failure to achieve positive NFE results in depreciation allowance proportionate to the achieved NFE. New tariff-category clearance conditions into the Domestic Tariff Area require positive NFE, predominately Indian raw materials with limited duty-paid imports, and exercise of an irrevocable option under the Foreign Trade Policy.
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