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TMI BlogMinimum Import Price (MIP) on Iron and Steel under Chapter 72 of ITC (ITS), 2012 - Schedule - I (Import Policy): amendment in import Policy Conditions.X X X X Extracts X X X X X X X X Extracts X X X X ..... PI grades for manufacturing pipes used for pipeline transportation systems in the petroleum and natural gas industries: and c) MIP conditions laid down in this Notification are valid for six months from the date of the notification or until further orders, whichever is earlier 2. Further, import s/shipments under Letter of' Credit already entered into before the date of this notification shall be exempted from the Minimum Import Price condition subject to Para 1.05(b) of Foreign Trade Policy, 2015-20. 3. Effect of this Notification: Minimum Import Price (MIP) is introduced against 173 HS Codes under Chapter 72 of ITC (HS), 2012 - Schedule-I (Import Policy) as detailed in the Annex. (Anup Wadhawan) Director General of Foreign Trade E-mail: dgft[at]nic [dot] in (Issued from F.No.01/89/180/Moni-5852/AM-03/Vol.-VI/PC-2 (A)] ANNEX Minimum Import Price (MIP) on Iron and Steel under Chapter 72 of ITC (HS), 2012 S. No. Exim Code Item Description Policy Policy Condition Import is subject to Minimum Import Price (MIP) on CIF basis per MT in US $ as under SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL Ingots and Billets - $362 Blooms $352 Slabs= S 341 1 720711 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... D PRDCTS IN COILS OF A THCKNS< 3MM HOT-ROLD,PICKLD Free $500 36 72082730 SHEETS OF FLAT-ROLD PRDCTS IN COILS Op A THCKNS< 3MM HOT-ROLD,PICKLD Free $445 37 72082740 STRIPS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS< 3MM HOT-ROLD,PICKLD Free $445 38 72082790 OTHR FLAT-ROLD PRDCTS IN COILS OF A THCKNS< 3MM HOT-ROLD,PICKLD Free $500 39 72083610 PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS< 10MM HOT-ROLD,PICKLD Free $500 40 72083620 UNIVERSAL PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS< 10MM HOT-ROLD,PICKLD Free $500 41 72083630 SHEETS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS< 10MM HOT-ROLD,PICKLD Free $445 42 72083640 STRIPS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS< 10MM HOT-ROLD,PICKLD Free $445 43 72083690 OTHR FLAT-ROLD PRDCTS IN COILS OF A THCKNS< 10MM HOT-ROLD,PICKLD Free $500 44 72083710 PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS>=4.75 BUT< 10MM HOT-RLD,PICKL Free $500 45 72083720 UNIVERSAL PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS>=4.75 BUT< 10MM HOT-RLD,PICKL Free $500 46 72083730 SHEETS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS>=4.75 BUT< 10MM HOT-RLD, PICKL Free $445 47 72083740 STRIPS OF FLAT-ROLD PRD ..... 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PLATES OF FLAT-ROLD PRDCTS.NT IN COILS THCKNS>=4.75MM BUT <=10MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 71 72085230 SHEETS OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS>= 4.75MM BUT <=10MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 72 72085240 STRIPS OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS>=4.75MM BUT<=10MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 73 72085290 OTHR FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS>=4.75MM BUT <= 10MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 74 72085310 PLATES OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS>=3MM BUT <4.75MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 75 72085320 UNIVERSAL PLATES OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS>=3MM BUT <4.75MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 76 72085330 SHEETS OF FLAT-ROLD PRUCTS.NT IN COILS OF THCKNS>=3MM BUT <4.75MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 77 72085340 STRIPS OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS>=3MM BUT <4.75MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 78 72085390 OTHR FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS>=3MM BUT <4.75MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 79 72085410 PLATES OF FLAT-R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5MM Free $560 101 72092510 PLATES OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS=>3MM Free $560 102 72092520 SHEETS OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS=>3MM Free $560 103 72092530 STRIPS OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS=>3MM Free $560 104 72092590 OTHR FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS=>3MM Free $560 105 72092610 PLATES OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS >1MM BUT <3MM Free $560 106 72092620 SHEETS OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS >1MM BUT <3MM Free $ 560 107 72092630 STRIPS OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS >1MMBUT<3MM Free $ 560 108 72092690 OTHR FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS >1MM BUT <3MM Free $ 560 109 72092710 PLATES OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS >=0.5MM BUT <1 MM Free $560 110 72092720 SHEETS OF FLT RLD PRDCTS NOT IN COILS NOT 1 FRTHR WRKD THN COLD RLD OF THCKNS »-0.5MM BUT < 1 MM Free $ 560 111 72092730 STRIPS OF FLT R ..... 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LD-ROLLED OF THCKNS >4.75MM Free $560 138 72259100 FLT ROLD PRDCTS OF OTHER ALLOY STEEL ELECTOOLITICALLY PLTD/COTD WTH ZINC Free $643 139 72259200 FLT ROLD PRDCTS OF OTHER ALLOY STEEL OTHRWSE PLTD/COTD WTH ZINC Free $643 140 72259900 "OTHER FlT-RLD PRDCTS OF OTHER ALLOY-STEEL Free $752 FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF LESS THAN 600 MM, CLAD, PLATED OR COATED 141 72121010 OTS/MRTYPE Free $752 142 72121090 OTHERS Free $752 143 72122010 CORRUGATED FLT-RLD PRDCTS OF IRON/NON ALOY STL OF WIDTH < 600MM ELECTCLY PLATED /COTD WTH ZINC Free $643 144 72122090 OTHR FLT-RLD PRDCTS OF IRON/NON ALOY STL OF WIDTH < 600MM ELECTCLY PLATED /COTD WTH ZINC Free $643 145 72123010 CORGTD PRDCTS OTHRWSE PLTD/COATD WTH ZINC Free $643 146 72123090 OTHR PRDCTS OTHRWSE PLTD/COATD WTH ZINC Free $643 147 72124000 PRDCTS PAINTD,VARNSHD/COATD WTH PLASTIC Free $752 148 72125010 PRDCTS,PLTD/COATD WTH LEAD Free $752 149 72125020 LACQUERED Free $752 150 72125090 OTHERS Free $752 151 72126000 CLAD FLT-RLLD PRDCTS OF IRON/NON-ALLOY STL Free $752 BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF IRON O ..... 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