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<h1>Govt Restricts Synthetic Knitted Fabric Imports with Minimum Price of $3.5/kg Until March 2026, Select Exemptions Allowed</h1> The government has imposed a Minimum Import Price (MIP) on specific synthetic knitted fabric codes until 31.03.2026. Imports are restricted but considered 'Free' if the CIF value is 3.5 US Dollars or more per kilogram. Exemptions apply for Advance Authorisation holders, Export Oriented Units, and Special Economic Zone units, provided imported inputs are not sold in the Domestic Tariff Area.