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        Customs

        Minimum Import Price (MIP) on Iron and Steel under Chapter 72 of ITC (HS), 2012- Schedule-I (Import Policy): amendment in Import Policy Conditions-regarding.

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        Minimum Import Price obligations strengthened; importers must comply or face customs enforcement and penalties for iron and steel imports. Amendment to import policy conditions imposes Minimum Import Price requirements on specified iron and steel HS codes under Chapter 72; customs formations are directed to implement the amended conditions and initiate action under the Customs Act, 1962 against importers violating those conditions, and to report any enforcement difficulties to the Board.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Minimum Import Price obligations strengthened; importers must comply or face customs enforcement and penalties for iron and steel imports.

                                Amendment to import policy conditions imposes Minimum Import Price requirements on specified iron and steel HS codes under Chapter 72; customs formations are directed to implement the amended conditions and initiate action under the Customs Act, 1962 against importers violating those conditions, and to report any enforcement difficulties to the Board.


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