Standard input-output norms restrict allowable cheque paper and magnetic ink for exporters, and require proof of use in export manufacture. Standard input-output norms for cheque books and cheque leaves set permissible inputs and proportional use: MICR cheque paper of specified GSM and ... Summary
Standard input-output norms restrict allowable cheque paper and magnetic ink for exporters, and require proof of use in export manufacture.
Standard input-output norms for cheque books and cheque leaves set permissible inputs and proportional use: MICR cheque paper of specified GSM and magnetic ink subject to a capped proportion of export FOB value. Applicants must determine the proportion of inputs used in the manufactured export product and ensure imported goods are those required and declared for the export product; import entitlement is contingent on demonstrated consumption and compliance with applicable public notices.
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