DGFT Amends Handbook to Simplify Norm Fixation & SION Processes, Boosting Efficiency in International Trade Policy.

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....The public notice issued by the DGFT announces amendments to Para 4.14 and 4.06 of the Handbook of Procedures 2023, under the authority of the Foreign Trade Policy 2023. The amendments aim to modernize and simplify procedures related to norm fixation and the notification of Standard Input-Output Norms (SION) under the Advance Authorisation Scheme. By leveraging rule-based IT environments and empowering the Norms Committee, these changes seek to enhance efficiency, transparency, and compliance in international trade operations.....