Input-output conversion norms for sawn timber require specified raw timber equivalence, species restrictions, and minimum value addition. Sawn timber made exclusively from imported logs is subject to prescribed input-output conversion norms requiring a specific raw timber equivalence and ... Summary
Input-output conversion norms for sawn timber require specified raw timber equivalence, species restrictions, and minimum value addition.
Sawn timber made exclusively from imported logs is subject to prescribed input-output conversion norms requiring a specific raw timber equivalence and excluding CITES Appendices I & II species; exporters must follow S.No.147 of Chapter 44 of Schedule-2 ITC(HS) 2004-09 (except the noted sub-item) and ensure at least 30% value addition. Applicants must ensure imported goods match inputs used in the export product, with authorities determining permissible input proportions for compliance and entitlement.
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