Input-output norms for automotive electronics require matching imported inputs to export use and allow Net+2% wastage. Standard Input-Output Norms for Automotive Electronics under FTP set a Net plus 2% wastage allowance and require determination of proportions of various inputs used in manufacture of resultant products; applicants must ensure imported goods correspond to those used or required in the export product. The SION entry for Automotive Electronics is suspended by Public Notice No. 03/2024-25 dated 03-05-2024.
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Provisions expressly mentioned in the judgment/order text.
Input-output norms for automotive electronics require matching imported inputs to export use and allow Net+2% wastage.
Standard Input-Output Norms for Automotive Electronics under FTP set a Net plus 2% wastage allowance and require determination of proportions of various inputs used in manufacture of resultant products; applicants must ensure imported goods correspond to those used or required in the export product. The SION entry for Automotive Electronics is suspended by Public Notice No. 03/2024-25 dated 03-05-2024.
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