Site icon CA Cult

New SION Notification for Acetyl Salicylic Acid Tablets

New SION Notification for Acetyl Salicylic Acid Tablets

The Directorate General of Foreign Trade (DGFT) has introduced a new Standard Input Output Norm (SION) under the Chemical and Allied Products group. This update comes under the powers granted by paragraph 1.03 of the Foreign Trade Policy (FTP) 2023.

What’s New?

A fresh entry has been added as SION No. A-3695 for the export product:

For this export, the following import is permitted:

Why is This Important?

Until now, applications for such products required a case-by-case approval by the Norms Committee. With this new SION in place:

Effect of the Public Notice: This notification is a step toward ease of doing business for pharma exporters. By standardising the input-output ratio, DGFT ensures greater efficiency, quicker clearances, and better predictability for stakeholders.

Go to DGFT

Read More Updates on DGFT

Exit mobile version