PIMS mandatory and MIP INR67,220/MT CIF for Virgin Multi-layer Paper Board until 31 Mar 2026 under FT(D&R) Act, 1992

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Central government amended import policy for specific Chapter 48 HS codes to require compulsory PIMS registration and impose a Minimum Import Price (MIP) of INR 67,220 per MT CIF for Virgin Multi-layer Paper Board (VPB), classifying VPB imports below that CIF as "Restricted" until 31 March 2026; prior conditions (free import subject to PIMS; prohibition on stock lots) remain in force. Amendment is effected under powers of the Foreign Trade (Development & Regulation) Act, 1992 and relevant Foreign Trade Policy provisions.....