Input-output norms require importers to match prescribed bearing inputs to their export manufacture and document proportions used. Standard input-output norms under the Foreign Trade Policy prescribe material categories and quantity or proportion limits for specified engineering ... Summary
Input-output norms require importers to match prescribed bearing inputs to their export manufacture and document proportions used.
Standard input-output norms under the Foreign Trade Policy prescribe material categories and quantity or proportion limits for specified engineering bearing components and related inputs, including bearing types, steel tubes/bars or forged rings, steel balls, and precision bearing accessories, with a referenced valuation cap for certain items as a percentage of FOB value; applicants must determine and ensure that imported inputs correspond to those used in the exported product and document the proportions applied in manufacture.
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