Standard input-output norms deletion affects import entitlement; imported inputs must match those used in exported products. Deletion of the Standard Input-Output Norms for Chemical & Allied Products (SION A972) removes the FTP entry prescribing those norms. The schedule ... Summary
Standard input-output norms deletion affects import entitlement; imported inputs must match those used in exported products.
Deletion of the Standard Input-Output Norms for Chemical & Allied Products (SION A972) removes the FTP entry prescribing those norms. The schedule provision addresses determination of the proportion of various inputs used or required in manufacture, and applicants must ensure that goods sought for import and actually imported are those used or required in the export product, maintaining an import-use compliance condition.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.