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of <h1>A2718 reclassified to Plastic Product Group; SION suspended under Foreign Trade Policy - ensure imported inputs match export products.</h1> Under the Foreign Trade Policy schedule, a chemical product classification (A2718) has been reclassified from Chemical & Allied Products to the Plastic Product Group, and its Standard Input-Output Norms (SION) were suspended by public notice dated 03-05-2024. The policy requires determination of permissible proportions of inputs for manufacturing specific resultant products, and mandates that applicants ensure imported inputs correspond to and are actually used or required in the declared export product.
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