Standard input-output norms revoked; imported inputs must be verified as those actually used in export production before clearance. The deletion of Standard Input Output Norms under the Foreign Trade Policy for Chemical & Allied Products removed prescribed input proportions; the ... Summary
Standard input-output norms revoked; imported inputs must be verified as those actually used in export production before clearance.
The deletion of Standard Input Output Norms under the Foreign Trade Policy for Chemical & Allied Products removed prescribed input proportions; the operative requirement is that imported goods must be the inputs actually used or required in the export product, with import verification ensuring imports match exported production needs.
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