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Corporate Laws Central Ministry of Corporate Affairs Foreign Trade (Development and Regulation) Act, 1992

DGFT Issues Notification Regarding Extension of Minimum Import Price (MIP) Condition for Specific Items under Chapter 48 of ITC (HS), 2022, Schedule-I (Import Policy)

30-Apr-2026 | No. 14/2026-27

DGFT Issues Notification Regarding Extension of Minimum Import Price (MIP) for Specific Items under Chapter 48 of ITC (HS), 2022, Schedule-I (Import Policy)

In exercise of the powers conferred under Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy 2023, and in continuation of Notification No. 26/2025-26 dated 22.08.2025 and Notification No. 69/2025-26 dated 31.03.2026 read with Policy Circular No. 04/2025-26 dated 03.09.2025, the Central Government hereby extends the Minimum Import Price (MIP) condition for specific items under Chapter 48 of ITC (HS), 2022, Schedule-I (Import Policy), up to 30.09.2026, with all other terms and conditions remaining unchanged.

Effect of the Notification: The MIP of INR 67,220 per MT on CIF value for imports of Virgin Multi-layer Paper Board (VPB) under ITC (HS) Codes 48059100, 48059200, 48059300, 48109200, and 48109900 has been extended until 30.09.2026

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