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of <h1>Suspension of Standard Input-Output Norms for High Carbon Steel Engineering Products under FTP; SION Requirements Clarified</h1> Standard input-output norms under the Foreign Trade Policy for high carbon steel engineering products (SION) have been suspended by a public notice dated 03-05-2024. The schedule lists commodity codes for high carbon steel items (files, profiles, bars, rods) with specified normative weights (e.g., 1 kg; 1.25 kg). Applicants must determine and document the proportion of various inputs permitted or required for manufacturing resultant products and ensure that imported goods correspond to those actually used or required in the export product.
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