SION, means

SION under Import and Export

 

SION is a short form of Standard Input Output Norms. It is also known as IO Norms. Standard Input Output Norms or SION in short is standard norms which characterize the measure of input or inputs sources required to make unit of output for export purpose. Input output norms are pertinent for the items, for example, electronics, engineering, chemical, food items  including fish and marine items, Handicrafts, plastic and leather items and so on. SION is notified by DGFT in the Handbook, and is affirmed by its Boards of Directors. An application for change of existing Standard Input-Output standards might be recorded by producer exporter and dealer exporter. The Directorate General of Foreign Trade (DGFT) now and again issue warnings for obsession or expansion of SION for various fare items. Obsession of Standard Input Output Norms encourages issues of Advance License to the exporters of the things with no requirement for referring  the same to the Headquarter office of DGFT on rehash premise.

 

Primary requirements of Standard Input Output Norms

For obsession or adjustment of Standard Input Output Norms (SION) following subtleties are required:

Specialized details of the export item according to the subtleties given in Appendix 33.

Contracted Engineer endorsement guaranteeing the import necessities of crude materials in the configuration given in Appendix 32B.

Production and consumption information of the maker/supporting producer of the first three authorizing a very long time as given in sequential no 3 of sub segment XII, properly affirmed by the Chartered bookkeeper/Cost and Works Accountant/Jurisdictional Excise Authority.

 

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

How to get Export Order?

Export benefit schemes in India

Export procedures and documentation

How to import goods?

Pre-Import Procedure

Why Prohibition to import goods

Can an importer take delivery of goods without original bill of lading?

What is House BL House Bill of Lading 

Can Bill of Lading (BL) be before date of Certificate of origin GSP? 

What is Express Release Bill of Lading?

Can Bill of Lading be surrendered at port of loading?  

Transferability of Bill of Lading 

What is charter party bill of lading?  

How  transshipment bill of lading works?  

What is Combined Bill of Lading / Multi model Bill of Lading  

Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading 

What is Clean on board Bill of Lading? 

Is received for shipment Bill of Lading sufficient for LC negotiation? 

Different types of Bill of Lading 

3 Reasons under Importance of bill of lading in international trade  

When can an exporter get bill of lading from shipping company? 

Import under EPCG after GST

GST on imports by EOUs and SEZs

Changes of operation of SEZ

Section 1 of UTGST Act 2017       

Section 172 of CGST Act, 2017 Removal of difficulties

What is IGST in brief?

What is CGST in brief?

Difference between GST and SGST

Difference between GST and CGST

Term All Industry Rate (AIR) under GST 

What is Threshold limit under GST 

Meaning of Impact of GST on logistics sector



Comments


prakash: we have received money against aur export invoice at saudi , but invoice value is USD and money received in INR then how to closed e-BRC ..please advise ?

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers