Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
DGFT Notifies Amendments in Standard Input Output Norms (SION) A-1303
The Directorate General of Foreign Trade (DGFT) has issued a notification announcing amendments to the Standard Input-Output Norms (SION) under code A-1303. These norms specify the permissible quantities of inputs required for the production of goods intended for export. The DGFT's revisions are aimed at ensuring that these trade regulations are in alignment with current practices within various industries, thereby facilitating smoother and more efficient export-import processes for businesses engaged in international trade. By periodically updating these norms, the government seeks to reduce compliance burdens and promote trade competitiveness.