The Directorate General of Foreign Trade (DGFT) on April 30, 2026, issued a notification regarding extension in Minimum Import Price (MIP) Condition of specific items covered under Chapter 48 of ITC HS, 2022, Schedule -I (Import Policy).
The following has been stated:-
•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 the period up to September 30, 2026.
The detailed notification is given in the document below.
[Notification No.: 14/2026-27]