Notification / Circular No.: 69/2025-2026 dated March 31, 2026
Applicable Act / Rule: Foreign Trade (Development & Regulation) Act, 1992 and Foreign Trade Policy 2023
The Minimum Import Price (MIP) condition was earlier imposed on import of Virgin Multi-layer Paper Board (VPB) under specified ITC (HS) codes to regulate import pricing. The same was notified vide Notification No. 26/2025-26 dated August 22, 2025 and further continued through Policy Circular No. 04/2025-26 dated September 03, 2026. The present notification extends the validity of the existing MIP condition for a further limited period.
The Central Government hereby extends the Minimum Import Price (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.
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.
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