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Minimum Import Price

Govt imposes ₹67,220/tonne minimum import price on multi-layer paper board

The government has imposed a minimum import price of Rs 67,220 per tonne on virgin multi-layer paper board till March 31, 2026, according to a notification. The product is used in the packaging of pharmaceuticals, FMCG products, food and beverages, electronics, high-end cosmetics, liquor, book covers, and publishing. "MIP (minimum import price) of Rs 67,220 per tonne on cost, insurance, and freight (CIF) value, is imposed for import of virgin multi-layer paper board...till March 31, 2026," the Directorate General of Foreign Trade (DGFT) has said in a notification. Below this MIP, imports would not be allowed. The imposition of the price will help contain the dumping of the product from countries like Indonesia. In July, the commerce ministry's arm DGTR (directorate general of trade remedies) has initiated an anti-dumping probe into the imports of these paperboards from Indonesia following a complaint by domestic players. The Indian Paper Manufacturer Association had filed the .

Govt imposes ₹67,220/tonne minimum import price on multi-layer paper board
Updated On : 25 Aug 2025 | 2:42 PM IST

India slashes base import prices of crude and refined palm oil, gold

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market

India slashes base import prices of crude and refined palm oil, gold
Updated On : 03 Oct 2022 | 7:59 AM IST

To benefit farmers, Govt fixes min import price of Rs 200 per kg on peas

It also said that the imports are allowed only through Kolkata sea port. Cost, Insurance, and Freight (CIF) is a term used in global trade parlance

To benefit farmers, Govt fixes min import price of Rs 200 per kg on peas
Updated On : 23 Dec 2019 | 7:26 PM IST

Govt considering MIP on some aluminium products: Piyush Goyal

Loss of primary aluminium producers was Rs 943 cr in FY15, which increased to Rs 4,283 cr in FY16

Govt considering MIP on some aluminium products: Piyush Goyal
Updated On : 30 Mar 2017 | 9:04 PM IST

Minimum import price of steel to go

MIP on 19 products is expiring on February 4. Nothing will be done after that, says Steel Minister

Minimum import price of steel to go
Updated On : 24 Jan 2017 | 2:05 AM IST

End minimum import price on steel items: Gujarat industry body

To aid domestic companies, government imposed MIP in Feb16 on 173 steel products for a period of six months to help cut inbound shipments

End minimum import price on steel items: Gujarat industry body
Updated On : 31 Jul 2016 | 4:15 PM IST

Minimum import price must continue, says Tata Steel MD

Government imposed the MIP condition on imports of 173 steel items for six months

Minimum import price must continue, says Tata Steel MD
Updated On : 18 Jun 2016 | 5:15 PM IST