Standard input-output norms removal requires verification that imported inputs are actually used in the exported product. Deletion of Standard Input-Output Norms for Chemical & Allied Products shifts focus to determination of the proportion of inputs used or required in manufacturing export products; applicants must ensure and demonstrate that imported goods are those used or required in the export product, creating an import verification and export compliance obligation.
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Provisions expressly mentioned in the judgment/order text.
Standard input-output norms removal requires verification that imported inputs are actually used in the exported product.
Deletion of Standard Input-Output Norms for Chemical & Allied Products shifts focus to determination of the proportion of inputs used or required in manufacturing export products; applicants must ensure and demonstrate that imported goods are those used or required in the export product, creating an import verification and export compliance obligation.
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