Accountal of inputs in accordance with Standard Inputs-Output Norms (SION)

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....ts arising out of production process or in connection therewith was required to be sold in the DTA as per the Standard Input-Output Norms (SION) notified under the Duty Exemption Scheme. The para 6.6(e) of HOP provides for accounting of inputs as per SION. The notifications governing duty free import and procurement by EOUs have been amended suitably so as to provide that inputs imported or procu....