DC/AC variable speed drives: suspended import authorization; input proportions and net+2% wastage must be demonstrated for export use.

The policy suspends authorization for DC/AC variable speed drives and speed control drives and treats them, together with display types, as covered electronic products subject to a net + 2% wastage allowance. It mandates determination of permissible input proportions for manufacture of resultant products and conditions import approvals on applicants ensuring that imported goods are those used or required in the declared export product, with applicants responsible for demonstrating actual use of inputs in export production.

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