Gazette Tracker
Gazette Tracker

Core Purpose

This notification enacts a partial amendment to the import policy condition for Synthetic Knitted Fabrics under ITC (HS) Code 60053600, revising the Minimum Import Price (MIP) exemption.

Detailed Summary

The Ministry of Commerce and Industry, Department of Commerce, Directorate General of Foreign Trade, issued Notification No. 46/2025-26 (S.O. 4928(E)) on October 21, 2025, exercising powers under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2023. This notification partially modifies Notification No. 05/2025-26 dated April 23, 2025, which, along with previous notifications (No. 77/2023 dated March 16, 2024, No. 33/2024-25 dated October 1, 2024, and No. 49/2024-25 dated January 4, 2025), had imposed a Minimum Import Price (MIP) on certain ITC (HS) Codes of Synthetic Knitted Fabrics. Specifically, for ITC (HS) Code 60053600 (Of synthetic fibres: -- Other, unbleached or bleached), the import policy remains 'Restricted' but is 'Free' if the CIF value is 3.5 US Dollar and above per Kilogram. A new exemption is introduced stating that the import of fabrics falling within the 28 to 48 grams per square meter (GSM) range is exempted from this Minimum Import Price (MIP) condition. The MIP condition for other HS Codes under Notification No. 05/2025-26 dated April 23, 2025, remains unchanged. Furthermore, inputs imported by Advance Authorisation holders, Export Oriented Units, and units in Special Economic Zones (SEZ) are exempted from the MIP condition, provided these imported inputs are not sold into the Domestic Tariff Area (DTA).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30102025-267274 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 4777] NEW DELHI, WEDNESDAY, OCTOBER 29, 2025/KARTIKA 7, 1947 7207 GI/2025 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 21st October, 2025 No. 46/2025-26 Subject: Partial amendment in Import Policy Condition of Synthetic Knitted Fabrics Covered under Chapter 60 of the ITC (HS), 2022 – reg. S.O. 4928(E). 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 (FTP), 2023, as amended from time to time, the Central Government had imposed Minimum Import Price (MIP) on certain ITC (HS) Codes of Synthetic Knitted Fabrics vide Notification No. 77/2023 dated 16.03.2024, Notification No. 33/2024-25 dated 01.10.2024, Notification No. 49/2024-25 dated 04.01.2025 and Notification No. 05/2025-26 dated 23.04.2025. 2. Now in partial modification in Notification No 5/2025-26 dated 23.04.2025, it has been decided by the Central Government to revise import policy of ITC (HS) Code 60053600 as under: +------------+--------------------------+--------------+-------------------------------------+-------------------------------------------------------+ | ITC (HS) | Item | Import | Existing Policy | Revised Policy Condition | | Code | Description | Policy | condition | | +============+==========================+==============+=====================================+=======================================================+ | 60053600 | Of synthetic fibres: -- | Restricted | However, Import is | Import is 'Free' if CIF value is 3.5 US Dollar and | | | Other, | | 'Free' if CIF value | above per Kilogram. | | | unbleached or | | is 3.5 US Dollar | However, Import of fabrics falling within the 28 to 48| | | bleached | | and above per | grams per square meter (GSM) range is exempted from | | | | | Kilogram | the above Minimum Import Price (MIP) condition | +------------+--------------------------+--------------+-------------------------------------+-------------------------------------------------------+ 3. The MIP condition on other HS Codes notified under Notification No. 05/2025-26 dated 23.04.2025 shall remain unchanged. Further inputs imported by Advance Authorisation holders, Export Oriented Units and units in SEZ shall be exempted from MIP condition subject to condion that the imported inputs are not sold in to Domestic Tariff Area (DTA). Effect of this Notification: Import of Synthetic Knitted Fabrics under ITC (HS) Code 60053600 shall remain "Restricted" and subject to MIP condition of USD 3.5/kg, except for fabrics falling within the 28 to 48 grams per square meter (GSM) range. This issues with the approval of the Minister of Commerce & Industry. [F. No. 01/89/180/Misc-39/AM-05/PC-2[A]/E-1425] AJAY BHADOO, Addl. Secy. And Director General of Foreign Trade 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 SRIVASTAVA Date: 2015.10.30 22:45:38

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free