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Law Update
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The Director General of Foreign Trade, exercising powers under paragraph 1.03 of the Foreign Trade Policy-2023 (as amended), has implemented three new standard Input Output Norms (SIONs). The new SIONs, A-3687, A-3688, and A-3689, are introduced under the 'Chemical and Allied Products' category, Product Code 'A'.
The update aims to simplify trade practices and facilitate smooth operations in the chemical and related products sector. The revised standards are now in effect to increase efficiency and support the movement of goods under these product categories.
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