Foreign trade input-output norms removed; exporters must ensure imported inputs match the export product and specified quantities. Standard input-output norms for food products under the Foreign Trade Policy have been deleted, and previously listed input items and quantities are no longer prescribed. Applicants must ensure that imported goods are those actually used or required in the export product and conform to the quantities specified in the export order, with permissible proportions of inputs determined for manufacture of resultant export products.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign trade input-output norms removed; exporters must ensure imported inputs match the export product and specified quantities.
Standard input-output norms for food products under the Foreign Trade Policy have been deleted, and previously listed input items and quantities are no longer prescribed. Applicants must ensure that imported goods are those actually used or required in the export product and conform to the quantities specified in the export order, with permissible proportions of inputs determined for manufacture of resultant export products.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
