IC engine input-output norms set component, material and fuel limits and require imported inputs to be actually used in exports. Input-output norms for I.C. engines (28-720 H.P.) set Net-to-Net treatment for finished components and unfinished forgings/castings, material-content limits (non-alloy steel 1.47 kg/kg; pig iron 1.25 kg/kg for 10-100 kg castings, 1.20 kg/kg above 100 kg), consumables at 4% FOB, and fuel as per the general fuel note; these norms were suspended by Public Notice No. 03/2024-25 dated 03-05-2024 and applicants must ensure imported inputs are those used or required in the export product.
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Provisions expressly mentioned in the judgment/order text.
IC engine input-output norms set component, material and fuel limits and require imported inputs to be actually used in exports.
Input-output norms for I.C. engines (28-720 H.P.) set Net-to-Net treatment for finished components and unfinished forgings/castings, material-content limits (non-alloy steel 1.47 kg/kg; pig iron 1.25 kg/kg for 10-100 kg castings, 1.20 kg/kg above 100 kg), consumables at 4% FOB, and fuel as per the general fuel note; these norms were suspended by Public Notice No. 03/2024-25 dated 03-05-2024 and applicants must ensure imported inputs are those used or required in the export product.
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