What is standard input output norms in SAP LO - Logistics - General?

SAP Term: standard input output norms

• Component: LO

• Component Name: Logistics - General

• Description: In India, a set of norms issued by the Directorate General of Foreign Trade, that defines the quantity of inputs required to manufacture a unit of output for the purpose of imports and exports.

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• Key Concepts: 
  Standard Input Output Norms (SION) are a set of standards developed by the Indian government to regulate the import of certain goods. The SIONs are used to determine the quantity of goods that can be imported into India without paying any duty. The SIONs are based on the Harmonized System (HS) codes, which are used to classify goods for international trade. 
  
  How to use it: 
  In SAP Logistics, SIONs are used to determine the quantity of goods that can be imported into India without paying any duty. The SIONs are based on the Harmonized System (HS) codes, which are used to classify goods for international trade. The SIONs are updated regularly and can be accessed through the SAP Logistics system. 
  
  Tips & Tricks: 
  When using SIONs in SAP Logistics, it is important to ensure that the correct HS codes are used for each item being imported. This will ensure that the correct quantity of goods is imported without paying any duty. Additionally, it is important to keep track of any changes in the SIONs as they may affect the quantity of goods that can be imported without paying any duty. 
  
  Related Information: 
  The Harmonized System (HS) codes are used by customs authorities around the world to classify goods for international trade. The HS codes are updated regularly and can be accessed through the World Customs Organization website. Additionally, information about SIONs can be found on the Indian government’s website.