The Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry, has issued Notification No. 25/2026-27-DGFT dated 24 July 2026 amending the import policy for Suspension grade PVC resin (S-PVC) under ITC (HS) Code 39041020 in Chapter 39 of ITC (HS) 2022, Schedule-I (Import Policy), with immediate effect. The import policy has been changed from “Free” to “Restricted”. However, imports of Suspension grade PVC resin having a CIF value exceeding USD 0.766 per kilogram will remain “Free” for a period of six months from the date of publication of the notification. The minimum import price condition will not apply to imports by 100% Export Oriented Units (EOUs), units in Special Economic Zones (SEZs), and imports under the Advance Authorisation Scheme, subject to the condition that the imported inputs are not sold into the Domestic Tariff Area (DTA). The notification states that imports of Suspension grade PVC resin with a CIF value less than or equal to USD 0.766 per kilogram will remain “Restricted” during the six-month period, while the specified exemptions continue to apply.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan
Notification No. 25/2026-27-DGFT | Dated: 24th July,2026
Subject: Amendment in Import Policy of Suspension grade PVC resin (S-PVC) covered under ITC (HS) code 39041020 of Chapter 39 of ITC (HS), 2022, Schedule-I (Import Policy)-reg.
S.O. (E): In exercise of the powers conferred by Section 3, Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and paragraph 2.01 of the Foreign Trade Policy, 2023, as amended from time to time, the Central Government hereby amends the import Policy of ITC (HS) Code 39041020 covered under Chapter 39 of ITC (HS) 2022, Schedule-I (Import Policy) with immediate effect:
| ITC (HS) Code | Item
Description |
Existing Import Policy | Existing Import Policy Condition | Revised Import Policy | Revised Import Policy Condition |
| 39041020 | Suspension grade PVC resin | Free | Restricted | (a) However, import of Suspension grade PVC Resin (S-PVC) having CIF Value more than USD 0.766 per Kilogram is Free for a period of six months from the date of publication of this Notification(b) The Minimum Import Price at (a) above, however, will not be applicable for import by 100% Export Oriented Units (EOUs), units in the SEZ and under the Advance Authorisation Scheme, subject to the condition that the imported inputs are not sold into the Domestic Tariff Area (DTA). |
Effect of this Notification:
The import of Suspension grade PVC Resin (S-PVC) falling under ITC (HS) Code 39041020, having CIF Value of less than or equal to USD 0.766 per Kilogram is “Restricted” for a period of six months from the date of publication of this Notification. However, this restriction will not be applicable for import by 100% Export Oriented Units (EOUs), units in the SEZ and imports under the Advance Authorisation Scheme, subject to the condition that the imported inputs are not sold into the Domestic Tariff Area (DTA).
This is issued with the approval of the Minister of Commerce & Industry.
(Lay Agarwal)
Director General of Foreign Trade &
Ex-officio Additional Secretary to the Government of India
E-mail: dgft@nic.in
(Issued from the File No. 01/89/180/105/AM-25/PC-2(A)/[E-45540]
