The Directorate General of Foreign Trade ( DGFT ), vide notification no. 01/2024 dated 9th April, 2024 has modified the Standard Input Output Norm ( SION ) E-124 for export of Refined Sunflower Oil (Edible Grade) with revised import entitlements.
In exercise of the powers conferred under Paragraph 1.03 of Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade makes the following amendment in SION E-124:
“SION” refers to “Standard Input Output Norms”, are established standards that outline the quantity of inputs necessary to produce a unit of output for a specific product within export-oriented industries.
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