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Home EXPORT PROMOTION (DUTY EXEMPTION SCHEMES) OF IRON & STEEL PRODUCTS

EXPORT PROMOTION (DUTY EXEMPTION SCHEMES) OF IRON & STEEL PRODUCTS

The scheme enables exporters to import relevant raw material and other inputs in required quantities, duty free for production of the export product. Quantities of import are allowed as per standard input output norms (SION) prescribed by DGFT or as per self declared norms by the exporters subject to ratification of the DGFT.

Ministry of Steel (Technical Wing) helps the Advance Authorization Committee/Norms Committee in DGFT/ in ratification of the self declaration norms or otherwise. Ministry of Steel also helps DGFT to fix new norms (Standard Input-Output Norms) and/or to review existing norms in consultation with industry/ experts/ consultants.