MIP on Synthetic Knitted Fabrics

Ref: ES/CIR/04/2024-25 April 24, 2025

To: Members of the Council

Sub: MIP on Synthetic Knitted Fabrics Covered under Chapter 60 of the ITC (HS), 2022-reg.

Dear Sir/ Madam,

DGFT has issued Notification No. 05/2025-26 dated April 23, 2025 to impose Minimum Import Price (MIP) on the following 4 HS Codes.

ITC(HS) Code	Item Description	Import Policy	Policy Condition
60019200	Other: -- Of manmade fibres	Restricted	However, Import is Free if CIF value is 3.5 US Dollar and above per Kilogram
60053600	Of synthetic fibres: Other, unbleached or bleached	Restricted	However, Import is Free if CIF value is 3.5 US Dollar and above per Kilogram
60053790	--- Other	Restricted	However, Import is Free if CIF value is 3.5 US Dollar and above per Kilogram
60053900	Of synthetic fibres: -- Other, printed	Restricted	However, Import is Free if CIF value is 3.5 US Dollar and above per Kilogram

A copy of the DGFT Notification is enclosed herewith (Click to Open/Download).

Kindly note that MIP condition on above items shall not be applicable for imports by Advance Authorisation holders, Export Oriented Units (EOUs) and units in the SEZ subject to the condition that the imported inputs are not sold into Domestic Tariff Area (DTA). Further, the above MIP will be imposed till March 31, 2026.

This is for your kind information.

Thanking You

A. Ravi Kumar
Executive Director