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Core Purpose

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

Detailed Summary

The Ministry of Commerce and Industry (Department of Commerce), Directorate General of Foreign Trade, issued Notification No. 69/2025-26 (S.O. 1716(E)) on 31st March, 2026, extending the Minimum Import Price (MIP) condition. 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 in continuation of Notification No. 26/2025-26 dated 22.08.2025 and Policy Circular No. 04/2025-26 dated 03.09.2026, the Central Government extended the MIP. The extension is for a period of one month, from 31.03.2026 to 30.04.2026, with all other terms and conditions remaining as per Notification No. 26/2025-26 dated 22.08.2025. The MIP is set at INR 67,220 per MT on Cost, Insurance, and Freight (CIF) value, applicable to the import of Virgin Multi-layer Paper Board (VPB) under ITC (HS) Codes 48059100, 48059200, 48059300, 48109200, and 48109900.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-04042026-271570 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1651] NEW DELHI, THURSDAY, APRIL 2, 2026/CHAITRA 12, 1948 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 31st March, 2026 No. 69/2025-26 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. 1716(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 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 of 1 month i.e. from 31.03.2026 to 30.04.2026 with all other terms and conditions remain 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 a period of one month i.e. up to 30.04.2026. 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. SARVESH KUMAR

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