CALL US:
022-6101 1700
sales@saffronmedia.in
HOME
NEWS
INGREDIENT MART
EVENTS
TOPICS
INTERVIEW
EDIT
News
Pharmexcil seeks list of products requiring SION norms fixation from exporters
Laxmi Yadav, Mumbai
July 29 , 2021
The Pharmaceutical Export Promotion Council of India (Pharmexcil) has asked exporters to provide a list of products requiring Standard Input Output Norms (SION) fixation to help them fulfill export obligations in a timely manner.
SIONs are important for import of raw materials required to make units of output for export purposes. It is applicable for a series of products including pharmaceuticals.
There are several pharmaceutical products where SIONs are not available causing inconvenience to exporters.
A number of exporters reached out to Pharmexcil informing that they are experiencing delays/difficulty in fixation of the SION norms. Further, the exporters are also unable to accept the new orders due to the non-availability of the SION for some of the products.
Taking serious note of this, Pharmexcil has proposed to prepare a list of formulations where the SION is not fixed or pending for fixation and take up the matter with the Director General of Foreign Trade (DGFT) for fixation of SION norms positively.
Accordingly, it requested member companies to provide the list of products requiring SION fixation by July 29, 2021.
The DGFT fixes/reviews the SIONs for various bulk drugs and formulations on the basis of date/applications received from pharmaceutical exporters. The applications are considered by the Norms Committee (NC) headed by the Exports Commissioner in DGFT office Delhi. Pharmexcil is a member of the Committee and DGFT regularly takes help from Pharmexcil for fast disposal of applications.
SION is notified by DGFT in the Handbook, and is affirmed by its boards of directors. An application for change of existing SION might be recorded by the exporter. The DGFT now and again issue warnings for obsession or expansion of SION for various fare items. Obsession of SION norms encourages issuance of Advance License to the exporters of the products with no requirement for referring the same to the DGFT headquarters.
In cases where SION norms are not there, exporters have to wait for a longer period for getting SION fixed in the norms committee, resulting in delay in fulfillment of export orders.
Share This Story
Leave a Reply
Your name (required)
Your email (required)
Website (required)
CommenT
Enter Code (Required)
INGREDIENT MART
RECENT NEWS
Pharma donors to electoral bonds also in the forefront of attacks to the field workers: Alleges FMRAI
CDSCO empowers regulators & boosts exports through comprehensive training programmes
ASU&H colleges and seats report robust growth in 10 years: Ministry of Ayush
CII facilitates multi-sectoral business delegation to Nigeria & Ghana for Pharmexcil members
More News...
TOPICS
Plant-based functional foods and phytochemicals
That foods might provide therapeutic benefits is clearly not a new concept. ...
More News...
MAIN LINKS
OUR SERVICES
OTHER PRODUCTS
ONLINE MEDIA
About Us
Contact Us
News Archives
Product Finder
Features and Articles
News
Chronicle Pharmabiz
Food & Bevergae News
Ingredients South Asia
Media Information
Rate Card
Advertise
Copyright © 2023 Saffron Media Pvt Ltd. All Rights Reserved.
Best View in Chrome (103.0) or Firefox (90.0)