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 - 20/2015-2020 - Foreign Trade Policy

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No. 20/2015-2020 New Delhi, Dated: 4 August, 2016 Subject: 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. S.O. (E): 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. (Anup Wadhawan) Director General of Foreign Trade E-mail: dgft[at]nic[dot]in [Issued from F.No.01/89/180/Moni-5852/AM-03/Vol.-VI/PC-2 (A)] 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 SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL Ingots and Billets = $ 362 Blooms= $ 352 Slabs= $ 341 1 72071110 ELECTRICAL QUALITY Free 2 72071120 FORGING QUALITY Free 3 72071130 SEAMLESS STEEL TUBE QUALITY Free 4 72071190 OTHERS Free 5 72071210 ELECTRICAL QUALITY Free 6 72071220 FORGING QUALITY Free 7 72071230 OTHERS Free 8 72071290 OTHERS Free 9 72071910 FORGED BLANKS OF NONALLOY STEEL Free 10 72071920 MILD STEEL (M.S.) BILLETS Free 11 72071990 OTHERS Free 12 72072010 FORGING QUALITY Free 13 72072020 SPRING STEEL QUALITY Free 14 72072030 SEAMLESS STEEL TUBE QUALITY Free 15 72072090 OTHERS Free OTHER ALLOY STEEL IN INGOTS OR OTHER PRIMARY FORMS; SEMI-FINISHED PRODUCTS OF OTHER ALLOY STEEL 16 72241000 INGOTS AND OTHER PRIMARY FORMS Free 17 72249010 TOOL STEEL QUALITY Free 18 72249020 DIE STEEL QUALITY Free 19 72249030 COBALT BEARING HIGH SPEED STEEL QUALITY Free 20 72249040 FORGED BLANKS OF ALLOY STEEL Free 21 72249091 STEEL BILLETS Free 22 72249099 OTHERS Free FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF 600 MM OR MORE, CLAD, PLATED OR COATED 23 72103010 CORRUGATED FLT ROLD PRDCTS OF IRON/NON ALOY STL ELETRCLY PLTD/COTD WTH ZINC OF A WDTH OF 600 MM OR MORE ,CLAD,PLTD/CO Free $ 643 24 72103090 OTHR FLT ROLD PRDCTS OF IRON/NON ALOY STL ELETRCLY PLTD/COTD WTH ZINC OF A WDTH OF 600 MM OR MORE ,CLAD,PLTD/CO Free $ 643 25 72104100 CORUGATD PRDCTS,OTHRWS PLTD/COATD WTH ZINC Free $ 643 26 72104900 OTHR PRDCTS OF IRON/NON-ALLOY STEEL OTHERWISE PLTD/COTD WTH ZINC Free $ 643 27 72105000 PRDCTS PLTD/COATD WTH CHROMIUM OXIDES OR WITH CHROMIUM AND CHROMIUM OXIDE Free $ 643 28 72106100 FLT-RLD PRDCTS OF IRON/NON ALOY STL PLTD OR COTD WTH ALUMINIUM ZINC ALLOYS Free $ 643 29 72106900 FLT-ROLD PRDCTS OF IRON/NON ALOY STL PLTD OR COTD WTH OTHER ALOYS OF ALUMINIUM EXCL (EXCL ZINC ALLOY) Free $ 752 30 72107000 PRDCTS PAINTD,VRNSHD/COATD WTH PLSTCS Free $ 752 31 72109090 OTHERS Free $ 752 FLAT-ROLLED PRODUCTS OF OTHER ALLOY STEEL, OF A WIDTH OF 600 MM OR MORE 32 72259100 FLT-ROLD PRDCTS OF OTHER ALLOY STEEL ELECTROLITICALLY PLTD/COTD WTH ZINC Free $ 643 33 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 34 72121010 OTS/MR TYPE Free $ 752 35 72121090 OTHERS Free $ 752 36 72122010 CORRUGATED FLT-RLD PRDCTS OF IRON/NON ALOY STL OF WIDTH 600MM ELECTCLY PLATED /COTD WTH ZINC Free $ 643 37 72122090 OTHR FLT-RLD PRDCTS OF IRON/NON ALOY STL OF WIDTH 600MM ELECTCLY PLATED /COTD WTH ZINC Free $ 643 38 72123010 CORGTD PRDCTS OTHRWSE PLTD/COATD WTH ZINC Free $ 643 39 72123090 OTHR PRDCTS OTHRWSE PLTD/COATD WTH ZINC Free $ 643 40 72124000 PRDCTS PAINTD,VARNSHD/COATD WTH PLASTIC Free $ 752 41 72125010 PRDCTS,PLTD/COATD WTH LEAD Free $ 752 42 72125020 LACQUERED Free $ 752 43 72125090 OTHERS Free $ 752 44 72126000 CLAD FLT-RLLD PRDCTS OF IRON/NON-ALLOY STL Free $ 752 BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF IRON OR NON-ALLOY STEEL 45 72131010 BARS AND RODS HT-RLD,CONTNG INDNTATIONS RIBS,GROOVES/OTHR DEFRMTN PRDCTS OF FREE CUTTING STEEL Free $ 449 46 72131090 OTHERS Free $ 451 47 72132020 COLD HEADING QUALITY BAR AND RODS OF FREE CUTTING STEEL IN WOUND COILS Free $ 449 48 72132090 OTHER BARS AND RODS OF FREE CUTING STEEL Free $ 451 49 72139110 OTHER BARS AND RODS OF FREE CUTING STEEL ELECTRODE QUALITY Free $ 451 50 72139120 OTHER BARS AND RODS OF FREE CUTING STEEL COLD HEADING QUALITY Free $ 449 51 72139190 OTHERS Free $ 451 52 72139910 OTHER BARS AND RODS OF FREE CUTING STEEL ELECTRODE QUALITY Free $ 451 53 72139920 OTHER BARS AND RODS OF FREE CUTING STEEL COLD HEADING QUALITY Free $ 451 54 72139990 OTHERS Free $ 451 OTHER BARS AND RODS OF IRON OR NON-ALLOY STEEL, NOT FURTHER WORKED THAN FORGED, HOT-ROLLED, HOT-DRAWN OR HOT-EXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING 55 72141090 OTHER FORGED BARS AND RODS Free $ 449 56 72142010 SPRING STEEL QUALITY Free $ 449 57 72142090 OTHERS Free $ 451 58 72149910 SPRING STEEL QUALITY Free $ 449 59 72149990 OTHERS Free $ 451 BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF OTHER ALLOY STEEL 60 72271000 BARANDRODS OF OTHR ALLOY HIGH SPEED STEEL IN IRREGULARLY WOUND COILS,HOT-ROLLED Free $ 451 61 72272000 BARS AND RODS OF SILICO-MANGANESE STEEL,HOT-ROLLED,IN IRREGULARLY WOUND COILS Free $ 451 62 72279010 BARS AND RODS OF VALVE SPRNG STL QULTY Free $ 451 63 72279020 BARS AND RODS OF OTHR SPRNG STL QULTY Free $ 451 64 72279030 BARS AND RODS OF BALL BEARING QULTY Free $ 451 65 72279040 BARS AND RODS OF COLD BEARING QULTY Free $ 451 66 72279040 OTHER BARS AND RODS,HT-RLLD IN IRREGURARLY WOUND COILS OF OTHR ALLOY STEEL Free $ 455