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<h1>Suspension of standard input-output norms for snap fasteners (stud & socket) under Foreign Trade Policy notified 03-05-2024</h1> Standard Input-Output Norms under the Foreign Trade Policy for snap fasteners (stud & socket), classified as engineering products SION C810, were suspended by a public notice dated 03-05-2024. The schedule specifies input-output ratios: snap fasteners 1 kg per kg of export product, brass strips 1.15 kg per kg of export product, and phosphor bronze wire 1.04 kg per kg of export product. It instructs determination of allowable input proportions and requires applicants to ensure imported inputs correspond to those actually used in the exported product.