Standard input-output norms suspension impacts import verification and requires that imported inputs match declared export product use. Standard Input-Output Norms under the Foreign Trade Policy regulate specified inputs for manufacture of export products. The BB axle entry in the Engineering Products schedule has been suspended by public notice. Policy requires determination of allowable proportions of inputs used in manufacture, and applicants must ensure imported goods match those used or required in the export product, with verification and compliance obligations remaining operative.
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Standard input-output norms suspension impacts import verification and requires that imported inputs match declared export product use.
Standard Input-Output Norms under the Foreign Trade Policy regulate specified inputs for manufacture of export products. The BB axle entry in the Engineering Products schedule has been suspended by public notice. Policy requires determination of allowable proportions of inputs used in manufacture, and applicants must ensure imported goods match those used or required in the export product, with verification and compliance obligations remaining operative.
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