Standard input-output compliance required for bearing component imports, ensuring imported inputs are used in declared export products. Standard input-output norms under the Foreign Trade Policy list permissible imported bearing components and raw inputs with allowable quantities or ... Summary
Standard input-output compliance required for bearing component imports, ensuring imported inputs are used in declared export products.
Standard input-output norms under the Foreign Trade Policy list permissible imported bearing components and raw inputs with allowable quantities or proportions and an incidental cap on miscellaneous items relative to FOB value. The framework requires determination of the proportion of various inputs used in manufacture of resultant products and mandates that applicants ensure imported goods are those actually used or required in the declared export product.
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