Input-output compliance: import goods must match declared inputs used in exported engineering products under FTP norms. Standard foreign trade policy prescribes Input-Output Norms for engineering products, noting component weights and unit measures and the suspension of the ... Summary
Input-output compliance: import goods must match declared inputs used in exported engineering products under FTP norms.
Standard foreign trade policy prescribes Input-Output Norms for engineering products, noting component weights and unit measures and the suspension of the relevant SION. The policy mandates determination of the proportion of inputs used in manufacturing resultant products and obliges applicants to ensure that imported goods correspond to those actually used or required in the export product, creating a verification duty under the FTP compliance framework.
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