The Government of India, through the Directorate General of Foreign Trade (DGFT), issued Notification No. 14/2026-27 dated 30 April 2026, extending the Minimum Import Price (MIP) condition on specified items under Chapter 48 of ITC (HS), 2022, Schedule-I (Import Policy). Exercising powers under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with relevant provisions of the Foreign Trade Policy 2023, the notification continues the MIP regime earlier imposed through prior notifications. The extension applies to imports of Virgin Multi-layer Paper Board (VPB) under specified ITC (HS) codes. The MIP remains fixed at INR 67,220 per metric tonne based on Cost, Insurance, and Freight (CIF) value. The extension is valid up to 30 September 2026, while all other terms and conditions remain unchanged as per earlier notifications. The measure ensures continuity of the existing import pricing condition for the specified goods.
Government of India Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan
Notification No. 14/2026-27- DGFT | Dated: 30th April, 2026
Subject: Extension in Minimum Import 1 rice (MIP) Condition of specific items covered under Chapter 48 of ITC HS, 2022, Schedule -I (Import Policy)-regarding.
S.O. (E): 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. 26/202526 dated 22.08.2025, Notification No. 69/2025-26 dated 31.03.2026 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 30.09.2026 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 the period up to 30.09.2026.
This is issued with the approval of the Minister of Commerce & Industry.
(Lay Agarwal)
Director General of Foreign Trade &
Ex-officio Addl. Secretary to the Government of India
Email: dgft@nic.in
