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 manufacture of packing material.
|
On 'Net + 5% wastage' |
|
| |
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".
|