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 Fixation of Three New SIONs under “Chemical and Allied Products” (Product Code - ‘A’)...
The DGFT (Directorate General of Foreign Trade) has notified the "fixation of three new SIONs (Standard Input Output Norms) under the Chemical and Allied Products product code." SIONs specify the quantity of inputs required to produce a unit of output for a particular export product. This update is crucial for exporters to claim duty-free import of inputs under schemes like the Advance Authorization scheme. The new SIONs will facilitate and streamline export-import operations for businesses in the chemical sector.