Standard Input-Output Norms: suspension and restrictions on specific industrial heaters and welding equipment imports under FTP controls. Suspension of the Standard Input-Output Norm removes the import entitlement for specified industrial heaters, welding equipment and related appliances; a unit quantity limitation applies, electromechanical components are permitted with a Net + 2% Wastage allowance, and applicants must ensure and substantiate that imported inputs are used or required in the declared export product with proportions determined by the authorities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Standard Input-Output Norms: suspension and restrictions on specific industrial heaters and welding equipment imports under FTP controls.
Suspension of the Standard Input-Output Norm removes the import entitlement for specified industrial heaters, welding equipment and related appliances; a unit quantity limitation applies, electromechanical components are permitted with a Net + 2% Wastage allowance, and applicants must ensure and substantiate that imported inputs are used or required in the declared export product with proportions determined by the authorities.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
