Input-output norms require imported inputs to match declared use in exports, enforcing proportion determination and compliance. The policy requires determination of the proportion of various inputs that may be used or are required to produce the resultant export product. Applicants ... Summary
Input-output norms require imported inputs to match declared use in exports, enforcing proportion determination and compliance.
The policy requires determination of the proportion of various inputs that may be used or are required to produce the resultant export product. Applicants seeking to import listed inputs must ensure that the goods imported are those used or required in the export product, creating an obligation of compliance and verification regarding declared input use against actual imports.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.