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Core Purpose

This notification extends the Minimum Import Price (MIP) condition for specific items under Chapter 48 of ITC HS, 2022, Schedule-I (Import Policy) until September 30, 2026.

Detailed Summary

The Ministry of Commerce and Industry, Department of Commerce, Directorate General of Foreign Trade, issued Notification No. 14/2026-27 (S.O. 2170(E)) on April 30, 2026, extending the Minimum Import Price (MIP) condition for specific items covered under Chapter 48 of ITC HS, 2022, Schedule-I (Import Policy). This extension is valid until September 30, 2026, with all other terms and conditions remaining the same as in Notification No. 26/2025-26 dated August 22, 2025. The decision is made in exercise of powers conferred by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, and continues previous notifications, specifically No. 26/2025-26 dated 22.08.2025 and No. 69/2025-26 dated 31.03.2026, along with Policy Circular No. 04/2025-26 dated 03.09.2026. The extended MIP is set at INR 67,220 per MT on Cost, Insurance, and Freight (CIF) value, applied to the import of Virgin Multi-layer Paper Board (VPB) falling under ITC (HS) Codes 48059100, 48059200, 48059300, 48109200, and 48109900. This notification is issued with the approval of the Minister of Commerce & Industry.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02052026-272209 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2089] NEW DELHI, THRUSDAY, APRIL 30, 2026/VAISAKHA 10, 1948 3071 GI/2026 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 30th April, 2026 No. 14/2026-27 Subject: Extension in Minimum Import Price (MIP) Condition of specific items covered under Chapter 48 of ITC HS, 2022, Schedule -I (Import Policy)-regarding. S.O. 2170(E). — : In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, and in continuation of Notification No. 26/2025-26 dated 22.08.2025, Notification No. 69/2025-26 dated 31.03.2026 read with Policy Circular No. 04/2025-26 dated 03.09.2026, the Central Government hereby extends the Minimum Import (MIP) condition of specific items covered under Chapter 48 of ITC HS, 2022, Schedule -I (Import Policy), for a period up to 30.09.2026 with all other terms and conditions remaining same as in the Notification No. 26/2025-26 dated 22.08.2025. Effect of the Notification: Minimum Import Price (MIP) @ INR 67,220 per MT on Cost, Insurance, and Freight (CIF) value, imposed on import of Virgin Multi-layer Paper Board (VPB) under ITC (HS) Codes 48059100, 48059200, 48059300, 48109200 and 48109900 has been extended for the period up to 30.09.2026. This is issued with the approval of the Minister of Commerce & Industry. [F. No. 01/89/180/36/AM-25/PC-2(A)/E-43352] LAV AGARWAL, Director General of Foreign Trade& Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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