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Continuation of Minimum Import Price (MIP) - Iron and Steel No-20

Dated 4th August, 2016 | Copy of | Notification No.20/2015-2020 |

Continuation of Minimum Import Price (MIP) on 66 HS Codes of
Iron and Steel under Chapter 72 of ITC (HS), 2012 – Schedule-1
(Import Policy) : amendment in import Policy Conditions.

In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government in modification of the Notification No.38/2015-2020 dated 5th February, 2016 hereby extends the applicability of Minimum Import Price (MIP) beyond 04/08/2016 on 66 HS Codes as specified in the Annex to this Notification for two months, i.e., till 4th October, 2016 subject to the following conditions.:

a) Imports under Advance Authorisation Scheme are exempted from Minimum Import Price (MIP) under this Notification;

b) MIP conditions laid down in this Notification are valid for two more months with effect from 05/08/2016 or until further orders, whichever is earlier.

2. Effect of this Notification: Minimum Import Price (MIP) for 66 HS Codes under Chapter 72 of ITC (HS), 2012 – Schedule-1 (Import Policy) as detailed in the Annex is extended till 4th October, 2016.

Sd/-
(Anup Wadhawan)
Director General of Foreign Trade

F.No.01/89/180/Moni-5852/AM-03/Vol.-VI/PC-2 (A)
Issued by:
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
New Delhi

Annex

Minimum Import Price (MIP) on Iron and Steel under Chapter 72 of ITC (HS), 2012

 

 

Continuation of Minimum Import Price (MIP) - Iron and Steel No-20

Continuation of Minimum Import Price (MIP) - Iron and Steel No-20

 

The Dollar Business Bureau - Aug 06, 2016 12:00 IST
 
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