Input-output norms reclassification requires imports to match demonstrated inputs used in export manufacturing under FTP. Standard Input-Output Norms under the Foreign Trade Policy have been reclassified to the Plastic Product Group and the relevant SION entry suspended. The norms require determination of the proportion of various inputs usable or required in manufacture of resultant export products, and applicants must ensure that imported goods correspond to those used or required in the declared export product.
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.
Input-output norms reclassification requires imports to match demonstrated inputs used in export manufacturing under FTP.
Standard Input-Output Norms under the Foreign Trade Policy have been reclassified to the Plastic Product Group and the relevant SION entry suspended. The norms require determination of the proportion of various inputs usable or required in manufacture of resultant export products, and applicants must ensure that imported goods correspond to those used or required in the declared export product.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.