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The Pulp and Paper Times Magazine : Volume 6, Issue 1
The Pulp and Paper Times Magazine : Volume 5, Issue 6
The Pulp and Paper Times: Volume 4, Issue 6
The Pulp and Paper Times : Volume 3, Issue 6
The Pulp and Paper Times: Volume 2 Issue 5
The Pulp and Paper Times, Volume 1, Issue 3
The Pulp and Paper Times, November 2016 Issue
The Pulp and Paper Times
-MIP imposed on import of Virgin Multi-layer Paper Board (VPB) under ITC (HS) Codes 48059100, 48059200, 48059300, 48109200, and 48109900 has been extended for a period of six months i.e up to 31.03.2027
The Government’s move to extend Minimum Import Price (MIP) on Virgin Multi-layer Paper Board (VMPB) for a period of six months, marks a significant step toward protecting the domestic industry from the influx of low-priced imports. The decision is aimed at curbing unfair trade practices, particularly dumping, which has put pressure on local manufacturers’ margins and market share. By setting a price threshold, the policy seeks to create a level playing field and ensure fair competition. Industry stakeholders believe the move will help stabilize prices and improve capacity utilization across domestic mills. It is also expected to encourage investment and strengthen the long-term sustainability of the sector.
According to Notification, in exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, and in continuation of Notification No. 26/2025-26 dated 22.08.2025, Notification No. 69/2025-26 dated 31.03.2026, and Notification No. 14/2026-27 dated 30.04.2026 read with Policy Circular No. 04/2025-26 dated 03.09.2026, the Central Government hereby extends the Minimum Import (MIP) condition of specific items covered under Chapter 48 of ITC HS, 2022, Schedule -I (Import Policy), for a period up to 31.03.2027 with all other terms and conditions remaining same as in the Notification No. 26/2025-26 dated 22.08.2025.
Effect of the Notification: 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 a period of six months i.e. up to 31.03.2027.
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