The Directorate General of Foreign Trade (DGFT) has extended the Minimum Import Price (MIP) condition for certain items under Chapter 48 of the ITC HS 2022, Schedule I (Import Policy). This extension is detailed in Notification 38/2026-27 dated September 30, 2026.
This extension affects importers dealing with goods classified under Chapter 48, which includes paper and paperboard products. Importers must ensure compliance with the updated MIP conditions to avoid any customs clearance issues. The exact items and new MIP details are specified in the official notification.
1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice