The Ministry of Commerce and Industry (MoCI) on June 20, 2024, notified regarding the system-driven rule-based Faceless Automation for ad-hoc Input Output Norms Fixation implemented by DGFT.
The following has been stated namely: -
• DGFT decided that the ad-hoc Input Output Norms will be determined through a rule-based, system-driven process, with the aim of improving the ease of doing business for exporters while reducing time and effort for both DGFT and concerned exporters.
• DGFT administers the Advance Authorisation Scheme of the Foreign Trade Policy, facilitating duty-free importation of inputs for export production, which includes replenishment of inputs or duty remission. The eligibility of inputs is determined by sector-specific Norms Committees based on input-output norms.
[Release ID: 2027182]
