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DGFT - Highlights / Catch Notes

Home Highlights March 2024 Year 2024 This

Imposition of Minimum Import Price (MIP) - Temporary Measure - A ...

DGFT

March 18, 2024

Imposition of Minimum Import Price (MIP) - Temporary Measure - A Minimum Import Price of 3.5 US Dollars per Kilogram is set for the specified synthetic knitted fabric ITC(HS) Codes. This aims to regulate the import prices of these fabrics, potentially to protect the domestic industry from underpriced imports. - The changes are effective only until 15th September 2024, after which the policy reverts to its status prior to this notification, unless further amended.

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