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of <h1>Foreign Trade Policy covers machined cast bushings, specified pump and valve parts, hex nuts and earthing clamps; 1.20:1 input ratio</h1> Standard input-output norms under the Foreign Trade Policy specify that machined cast bushings and specified pump and valve components (casing, impellers, discs, plugs, yokes, sleeves, seals, spacers, bearings), hexagonal nuts and earthing clamps made of gun metal, lead bronze or red brass (with copper plus tin, lead and zinc 1-10% each, conforming to listed alloy standards) are covered; product unit is 1 kg output. Permitted input includes gun metal/red brass/leaded bronze ingot or copper cathode with alloying elements, at 1.20 kg of input per 1 kg of export product. Compliance requires that imported inputs are actually used in manufacture.
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