MIP Extended by Two Months till 4 Feb 2017

·     19 Flat Rolled Products of Steel Items Covered

·     List Cut to 19 from 66

[DGFT Notification No. 31 dated 3rd December 2017]

Effect of this Notification: Minimum Import Price (MIP) for 19 HS Codes under Chapter 72 of ITC (HS), 2012 - Schedule - I (Import Policy) as detailed in the Annex is extended till 4th February, 2017.

Subject: Continuation of Minimum Import Price (MIP) on 19 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 hereby extends the applicability of Minimum Import Price (MIP) beyond 04/12/2016 on 19 HS Codes as specified in the Annex to this Notification for two months, i.e., till 4th February, 2017.

Annex

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

S. No.

Exim Code

Item Description

Policy

Policy Condition

Import is subject to Minimum Import Price (MIP) on CIF basis per MT in US $ as under

FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF 600 MM OR MORE, CLAD, PLATED OR COATED

1

72103010

CORRUGATED FLT ROLD PRDCTS OF IRON/NON ALOY STL ELETRCLY PLTD/COTD WTH ZINC OF A WIDTH OF 600 MM OR MORE

Free

$ 643

2

72103090

OTHR FLT ROLD PRDCTS OF IRON/NON ALOY STL ELETRCLY PLTD/COTD WTH ZINC OF A WIDTH OF 600 MM OR MORE, CLAD, PLTD/CO

Free

$ 643

3

72104100

CORUGATD PRDCTS,OTHRWS PLTD/COATD WTH ZINC

Free

$ 643

4

72104900

OTHR PRDCTS OF IRON/NON-ALLOY STEEL OTHERWISE PLTD/COTD WTH ZINC

Free

$ 643

5

72105000

PRDCTS PLTD/COATD WTH CHROMIUM OXIDES OR WITH CHROMIUM AND CHROMIUM OXIDE

Free

$ 643

6

72106100

FLT-RLD PRDCTS OF IRON/NON ALOY STL PLTD OR COTD WTH ALUMINIUM ZINC ALLOYS

Free

$ 643

7

72106900

FLT-ROLD PRDCTS OF IRON/NON ALOY STL PLTD OR COTD WTH OTHER ALOYS OF ALUMINIUM EXCL (EXCL ZINC ALLOY)

Free

$ 752

8

72109090

OTHERS

Free

$ 752

FLAT-ROLLED PRODUCTS OF OTHER ALLOY STEEL, OF A WIDTH OF 600 MM OR MORE

9

72259100

FLT-ROLD PRDCTS OF OTHER ALLOY STEEL ELECTROLITICALLY PLTD/COTD WTH ZINC

Free

$ 643

10

72259200

FLT ROLD PRDCTS OF OTHER ALLOY STEEL OTHRWSE PLTD/COTD WTH ZINC

Free

$ 643

FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF LESS THAN 600 MM, CLAD, PLATED OR COATED

11

72121010

OTS/MR TYPE

Free

$ 752

12

72121090

OTHERS

Free

$ 752

13

72122010

CORRUGATED FLT-RLD PRDCTS OF IRON/NON ALOY STL OF WIDTH < 600MM ELECTCLY PLATED /COTD WTH ZINC

Free

$ 643

14

72122090

OTHR FLT-RLD PRDCTS OF IRON/NON ALOY STL OF WIDTH < 600MM ELECTCLY PLATED /COTD WTH ZINC

Free

$ 643

15

72123010

CORGTD PRDCTS OTHRWSE PLTD/COATD WTH ZINC

Free

$ 643

16

72123090

OTHR PRDCTS OTHRWSE PLTD/COATD WTH ZINC

Free

$ 643

17

72125010

PRDCTS,PLTD/COATD WTH LEAD

Free

$ 752

18

72125020

LACQUERED

Free

$ 752

19

72125090

OTHERS

Free

$ 752