Water meters: input-output norms for inputs and scrap suspended; import inputs must match export product requirements. Standard input-output norms under the Foreign Trade Policy for water meters and brass scrap specify input quantities (water meters C891: 1 kg for one unit; brass scrap: 1.075 kg). These norms were suspended by Public Notice No. 03/2024-25. The regime requires determination of proportions of inputs used in manufacture and imposes an obligation that applicants ensure imported goods correspond to the inputs used or required in the export product.
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Water meters: input-output norms for inputs and scrap suspended; import inputs must match export product requirements.
Standard input-output norms under the Foreign Trade Policy for water meters and brass scrap specify input quantities (water meters C891: 1 kg for one unit; brass scrap: 1.075 kg). These norms were suspended by Public Notice No. 03/2024-25. The regime requires determination of proportions of inputs used in manufacture and imposes an obligation that applicants ensure imported goods correspond to the inputs used or required in the export product.
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