Partial amendment in Import Policy Condition of Synthetic Knitted Fabrics Covered under Chapter 60 of the ITC (HS), 2022 - 46/2025-26 - Foreign Trade Policy
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Synthetic knitted fabrics import rules updated: MIP at USD 3.5/kg remains; 28-48 GSM fabrics exempt, exporter input exemptions retained. Imports under ITC (HS) Code 60053600 remain Restricted and subject to a Minimum Import Price of USD 3.5 per kilogram; imports with CIF value of USD 3.5/kg or above follow the existing CIF threshold rule. Fabrics falling within the 28-48 GSM range are exempt from the MIP condition. MIP conditions for other notified HS codes remain unchanged. Inputs imported under Advance Authorisation, by Export Oriented Units, and into SEZs are exempt from MIP provided they are not sold into the Domestic Tariff Area.
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.
Imports under ITC (HS) Code 60053600 remain Restricted and subject to a Minimum Import Price of USD 3.5 per kilogram; imports with CIF value of USD 3.5/kg or above follow the existing CIF threshold rule. Fabrics falling within the 28-48 GSM range are exempt from the MIP condition. MIP conditions for other notified HS codes remain unchanged. Inputs imported under Advance Authorisation, by Export Oriented Units, and into SEZs are exempt from MIP provided they are not sold into the Domestic Tariff Area.
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