Strontium ferrite rings magnet inputs must match export product; SION suspended but import-export input verification required.

Importers must ensure imported inputs match those used or required in the export product; the Strontium Ferrite Rings Magnet lists inputs for 1 kg output as Ferric Oxide (1.200 kg) and Strontium Carbonate (0.300 kg). The relevant Standard Input-Output Norms (SION) for this item have been suspended by Public Notice No. 03/2024-25 dated 03-05-2024, while the requirement to verify that goods sought for import and actually imported correspond to export product inputs remains applicable.

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