Input-output norms require imported inputs to match declared use in manufacture, ensuring compliance with FTP. The operative compliance requirement is the determination of the proportion of various inputs used or required in producing the resultant export products ... Summary
Input-output norms require imported inputs to match declared use in manufacture, ensuring compliance with FTP.
The operative compliance requirement is the determination of the proportion of various inputs used or required in producing the resultant export products and the obligation on applicants to ensure that imported goods correspond to those declared as used or required in the export product, imposing documentary and physical verification duties under FTP input-output norms.
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