<h1>Foreign Trade Policy norms suspended for steel hub bolts (item C1047); input-output ratios and verification required for imports</h1> Standard input-output norms under the Foreign Trade Policy for steel hub bolts (item C1047) indicate suspension by a public notice dated 03-05-2024; product classification lists steel hub bolts (1 kg) and MS/alloy/non-alloy steel rounds (1.300 kg). The norms govern determination of proportions of inputs usable or required in producing resultant export products. Applicants/importers must ensure that goods imported under these norms are actually used or required in the specified export product, consistent with prescribed input-output ratios and verification requirements.