Executive Summary:
This public notice issued by the Directorate General of Foreign Trade (DGFT) announces a review of specific Standard Input Output Norms (SIONs) pertaining to the product group "Chemical & Allied Products". Manufacturers and Export Promotion Councils must submit production and consumption data by July 31, 2014, for the review to occur. Failure to provide the required data by the deadline may result in the stoppage of benefits under the Advance Authorization/ DFIA schemes for the relevant export products.
Key Points / Main Content:
* **SION Review Notification:**
* The DGFT notifies the review of the following SIONs related to "Chemical & Allied Products": A197, A311, A312, A313, A321, A322, A323, A2407, A2684, A2797, A2943, A2944, A2945, A2984.
* **Data Submission Requirement:**
* Manufacturers of export products covered under the listed SIONs and concerned Export Promotion Councils must submit production and consumption data.
* The deadline for data submission is July 31, 2014.
* Data should be submitted to DGFT/ EPC for the revision of SION.
* **Consequences of Non-Compliance:**
* Failure to provide the required data by the specified date will result in the stoppage of benefits under the Advance Authorization/ DFIA schemes for export products covered by these SIONs.
* **Reference to Handbook of Procedures (HBP):**
* Para 4.10.1 of HBP vol. 1 states that the Norms Committee (NC) may identify SIONs requiring review, and exporters must submit revised data in ANF 4B.
* It is mandatory for industry/exporters to provide production and consumption data etc. as may be required by DGFT/EPC for revision of SION.
* Otherwise, the applicant shall not be allowed to take benefit of Advance Authorization schemes.
Impact Analysis:
* Manufacturers of Export Products covered under specified SIONs
* Impact: Affected by the potential review of SIONs and possible loss of Advance Authorization/ DFIA benefits.
* Action Required: Submit production and consumption data to DGFT/ EPC by July 31, 2014, to ensure continued eligibility for Advance Authorization/ DFIA schemes.
* Export Promotion Councils
* Impact: Responsible for coordinating data submission from their member exporters.
* Action Required: Collect and submit production and consumption data from relevant exporters to DGFT by July 31, 2014.
* Directorate General of Foreign Trade (DGFT)
* Impact: Responsible for reviewing the SIONs and making necessary adjustments.
* Action Required: Review the submitted data and revise the SIONs as necessary.
Key Entities Referenced
Directorate General of Foreign Trade: An organization under the Ministry of Commerce and Industry responsible for implementing the Foreign Trade Policy.
Foreign Trade Policy, 2009-2014: A policy document outlining guidelines and regulations for import and export activities.
HBP vol.1: Handbook of Procedures, Volume 1, a document supplementing the Foreign Trade Policy with detailed procedures.
SION: Standard Input Output Norms, defining the amount of input required for producing a unit of output for export purposes.
Chemical Allied Products: A product group to which the specified SIONs pertain.
Export Promotion Councils: Organizations that promote exports of specific products or commodities.
Advance Authorization DFIA: An export promotion scheme allowing duty-free import of inputs required for export production.
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry.