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Notes


Packing Notes(I-O Norms)



GENERAL POLICY FOR PACKING MATERIAL


In respect of export products for which standardised norms do not provide packing material as an import input or in cases where additional packing
material as an import input other than those given in Standard Input-Output Norms are required, or in cases where norms have not been standardised as yet
and the licences are granted on ad-hoc/ individual basis by competent authority, the import of packing material as an input may be allowed in the following
manner:



  1. a. Packing material in finished form On 'Net + 1% wastage' b. Raw materials to be used for the On 'Net + 5% wastage' manufacture of
    packing material. However, GP/ CRCA in the shape of Sheets/ Strips and Coils may be allowed on
    'Net plus 10% wastage'.

  2. The exporter shall account for the net content of the packing material minus the wastage allowed in the exports made.

  3. The packing material with wastage indicated above will be allowed within the overall CIF value of the licence.

  4. Wherever packing materials allowed for import is in the nature of Polymer, only the relevant grade required for the export product, i.e.,
    moulded grade or film grade or blowing grade, tape grade as per the declaration of the applicant, will be permitted.


In cases where only packing material has been asked for in the application for issue of advance licence as per the general note above, where there is no
specific Standard Input Output Norm (SION), falling under any product group,advance licence in such cases shall be issued under the General Product Group
vide "9999".



 

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What is New?

Date: 03-12-2024
Notification No. 48 /2024-Customs
Seeks to rescind Notification No. 32/2022-Customs dated 30th June, 2022.

Date: 18-11-2024
NOTIFICATION No. 26/2024–Central Tax
Extension of due date for filing of return in FORM GSTR-3B for the month of October, 2024 for the persons registered in the state of Maharashtra and Jharkhand

Date: 13-11-2024
Notification No. 77/2024-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 30-10-2024
Notification No. 73/2024-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 29-10-2024
NOTIFICATION No.71/2024- Customs (N.T.)
Notifying Ultapani LCS route Road from Ultapani via Saralpara via Naharani (SSB Camp) to Sarpang District (Bhutan) by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21st November, 1994

Date: 23-10-2024
Notification No. 70/2024–Customs (N.T)
"Notification under Section 28A of Customs Act, 1962 for Non-Levy of Customs Duty on the import of Simply Sawn Diamonds

Date: 23-10-2024
Notification No. 69/2024-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 22-10-2024
Notification No. 46/2024-Customs
[F. No. 190354/167/2024-TRU]

Date: 18-10-2024
NOTIFICATION No. 67/2024-Customs (N.T.)
"Notification of Yogayatan Port, Maharashtra as Customs Seaport" and it was issued under Section 7(1)(a) of Customs Act, 1962

Date: 15-10-2024
Notification No. 66/2024-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg



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