Suspension of SION entry for high-speed steel wires restricts input entitlement and requires verification of imported inputs. The SION entry for High Speed Steel Wires (C1597) has been suspended under the Foreign Trade Policy, removing that specific SION-based import entitlement. ... Summary
Suspension of SION entry for high-speed steel wires restricts input entitlement and requires verification of imported inputs.
The SION entry for High Speed Steel Wires (C1597) has been suspended under the Foreign Trade Policy, removing that specific SION-based import entitlement. Applicants must determine allowable input proportions for manufacture of export products and ensure imported goods are those actually used or required in the declared export product, creating a compliance obligation to verify correspondence between imports and export inputs.
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