DGFT amends SIONs C-831 for export of Stainless-Steel Seamless Tubes/ Pipes (Cold Finished) with immediate effect.
The DGFT vide Public Notice No. 45/2023 dated February 28, 2024, has issued amendments in Standard Input Output Norms (SION) C-831 for the export of Stainless Steel Seamless Tubes/ Pipes (Cold Finished) with immediate effect.
In exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy 2023, as amended from time to time, the Director General of Foreign Trade makes the following amendments in Standard Input Output Norms (SION) C-831 for export of Stainless Steel Seamless Pipes/ Tubes (Cold Finish):
| SI No | Export Item | Quantity | Item of import | Quantity |
| 1 | Stainless Steel Seamless Tubes/Pipes (Cold Finish) | 1 MT | Seamless Stainless-Steel Tubes/Pipes (Hot Finished) | 1.10MT |
Note:
- The imported seamless stainless-steel pipe/tubes shall be hot-finished/ mother hollow having an outside diameter (OD) not less than 65mm and above.
- Exporters have to provide a specific grade of pipes to be imported as input and such grade must correspond with the grade of export pipes/tubes.
- The export weight per meter of cold-finished pipes/tubes shall not exceed 50% of the weight per meter of imported hot-finished / mother hollow consumed as an input to produce the cold finish pipe/tube for export.
- Pre-import condition shall be mandatory while issuing the duty-free licenses.
Effect of this Public Notice:
Standard Input Output Norms (SION) appearing under C-831 is amended as above with immediate effect.
The Public Notice can be accessed at: https://www.a2ztaxcorp.com/wp-content/uploads/2024/02/PN-45-English.pdf