DGFT Scheme

Standard Input-Output Norms (SION) is a system that was implemented in India to regulate import and export of goods. It is a document that specifies the quantity and value of inputs required to produce a unit of output.  

As an exporter or importer, it’s important to understand the Directorate General of Foreign Trade (DGFT) and the various schemes they offer. The DGFT is an agency of the Ministry of Commerce and Industry in India, responsible for administering policies regarding international trade. One of the key functions of the…