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Packing Material Import Guidelines

This document outlines the general policy for packing material imports for export products. It states that (1) finished packing materials can be imported at "Net + 1% wastage" and raw materials for packing at "Net + 5% wastage", or "Net plus 10% wastage" for certain materials. (2) Exporters must account for the net packing material used minus the allowed wastage in exports. (3) The imported packing material plus wastage must be within the overall import license CIF value. (4) Only the relevant grade of polymer packing material declared by the applicant will be permitted. Advance licenses for only packing material without a SION will be issued under the general product group "9999".

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16 views1 page

Packing Material Import Guidelines

This document outlines the general policy for packing material imports for export products. It states that (1) finished packing materials can be imported at "Net + 1% wastage" and raw materials for packing at "Net + 5% wastage", or "Net plus 10% wastage" for certain materials. (2) Exporters must account for the net packing material used minus the allowed wastage in exports. (3) The imported packing material plus wastage must be within the overall import license CIF value. (4) Only the relevant grade of polymer packing material declared by the applicant will be permitted. Advance licenses for only packing material without a SION will be issued under the general product group "9999".

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RRS
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd

GENERAL POLICY FOR PACKING MATERIAL

In respect of export products for which standardised norms do not provide packing material as an
import input or in cases where additional packing material as an import input other than those given in
Standard Input-Output Norms are required, or in cases where norms have not been standardised as yet
and the licences are granted on ad-hoc/ individual basis by competent authority, the import of packing
material as an input may be allowed in the following manner:

(1) a. Packing material in finished form On 'Net + 1% wastage'

b. Raw materials to be used for the On 'Net + 5% wastage'


manufacture of packing material.

However, GP/ CRCA in the shape of Sheets/ Strips and Coils may be allowed on 'Net plus 10%
wastage'.

(2) The exporter shall account for the net content of the packing material minus the wastage allowed
in the exports made.

(3) The packing material with wastage indicated above will be allowed within the overall CIF value of
the licence.

(4) Wherever packing materials allowed for import is in the nature of Polymer, only the relevant grade
required for the export product, i.e., moulded grade or film grade or blowing grade, tape grade as
per the declaration of the applicant, will be permitted.

In cases where only packing material has been asked for in the application for issue of advance
licence as per the general note above, where there is no specific Standard Input Output Norm (SION),
falling under any product group, advance licence in such cases shall be issued under the General
Product Group vide "9999".

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