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TMI BlogMinimum Import Price (MIP) on Iron and Steel under Chapter 72 of ITC (ITS), 2012 - Schedule - I (Import Policy): amendment in import Policy Conditions.X X X X Extracts X X X X X X X X Extracts X X X X ..... empted for all API grade steel conforming to X-52 and higher API grades for manufacturing pipes used for pipeline transportation systems in the petroleum and natural gas industries: and c) MIP conditions laid down in this Notification are valid for six months from the date of the notification or until further orders, whichever is earlier 2. Further, import s/shipments under Letter of' Credit already entered into before the date of this notification shall be exempted from the Minimum Import Price condition subject to Para 1.05(b) of Foreign Trade Policy, 2015-20. 3. Effect of this Notification: Minimum Import Price (MIP) is introduced against 173 HS Codes under Chapter 72 of ITC (HS), 2012 Schedule-I (Import Policy) as detailed in the Annex. (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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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, HOT-ROLLED, NOT CLAD, PLATED OR COATED 23 72081000 FLAT-ROLD PRODUCTS, IN COILS NT FURTHER WORKED THN HOT-ROLD WTH PATRN IN RELIEF Free $445 24 72082510 PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS -4.75MM ONLY HOT-ROLD,PICKLD Free $500 25 72082520 UNVRSL PLATES OF FLAT-ROLD PRDCTS IN COIL OF A THCKNS - 4.75MM ONLY HOT-ROLD,PICKLD Free $500 26 72082530 SHEETS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS = 4.75MM ONLY HOT-ROLD,PICKLD Free $445 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... UNIVERSAL PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS 10MM HOT-ROLD,PICKLD Free $500 41 72083630 SHEETS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS 10MM HOT-ROLD,PICKLD Free $445 42 72083640 STRIPS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS 10MM HOT-ROLD,PICKLD Free $445 43 72083690 OTHR FLAT-ROLD PRDCTS IN COILS OF A THCKNS 10MM HOT-ROLD,PICKLD Free $500 44 72083710 PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS =4.75 BUT 10MM HOT-RLD,PICKL Free $500 45 72083720 UNIVERSAL PLATES OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS =4.75 BUT 10MM HOT-RLD,PICKL Free $500 46 72083730 SHEETS OF FLAT-ROLD PRDCTS IN COILS OF A THCKNS =4.75 BUT 10MM HOT-RLD, PICKL Free ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... UNIVERSAL PLATES OF FLAT-ROLD PRDCTS IN COILS NT FRTHR WRKD THN HOT-RLD WTH PATRNS IN RELIEF Free $500 61 72084030 SHEETS OF FLAT-ROLD PRDCTS IN COILS NT FRTHR WRKD THN HOT-RLD WTH PATRNS IN RELIEF Free $500 62 72084040 STRIPS OF FLAT-ROI.D PRDCTS IN COILS NT FRTHR WRKD THN HOT-RLD WTH PATRNS IN RELIEF Free $500 63 72084090 OTHR FLAT-ROLD PRDCTS IN COILS NT FRT HR WRKD THN HOT-RLD WTH PATRNS IN RELIEF Free $500 64 72085110 PLATES OF FLAT-ROLD PRDCTS NOT IN COILS OFTHCKNS EXCD 10 MM HOT-RLD, PICKLD Free $500 65 72085120 UNVRSL PLATES OF FLAT-ROLD PRDCTS NOT IN COILS OF THCKNS EXCD 10 MM HOT-RLD PICKLD Free $500 66 72085130 SHEETS OF FLAT-ROLD PRDCTS NOT IN COILS OFTHCKNS EXCD 10 MM H ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... OILS OF THCKNS =3MM BUT 4.75MM NOT FURTHR WRKD THN HOT ROLD PICKLED Free $500 79 72085410 PLATES OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS 3MM NT FRTHR WRKD THN HOT RLD PICKL Free $500 80 72085420 UNIVERSAL PLATES OF FLAT-ROLD PRDCTS IN COILS NT FRTHR WRKD THN HOT-RLD WTH PATRNS IN RELIEF Free $500 81 72085430 SHEETS OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS 3MM NT FRTHR WRKD THN HOT RLD PICKL Free $500 82 72085440 STRIPS OF FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS 3MM NT FRTHR WRKD THN HOT RLD PICKL Free $500 83 72085490 OTHR FLAT-ROLD PRDCTS.NT IN COILS OF THCKNS 3MM NT FRTHR WRKD THN HOT RLD PICKL Free $500 84 72089000 OTHERS Free $500 FLA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 72091810 PLATES OF FLT RLD PRDCTS IN COILS NT FRTHRWRKD THN COLD RLD OF THCKNS 0.5MM Free $560 98 72091820 SHEETS OF FLT RLD PRDCTS IN COILS NT FRTHRWRKD THN COLD RLD OF THCKNS 0.5MM Free $560 99 72091830 STRIPS OF FLT RLD PRDCTS IN COILS NT FRTHRWRKD THN COLD RLD OF THCKNS 0.5MM Free $560 100 72091890 OTHR FLT RLD PRDCTS IN COILS NT FRTHR WRKD THN COLD RLD OF THCKNS 0.5MM Free $560 101 72092510 PLATES OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS= 3MM Free $560 102 72092520 SHEETS OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS= 3MM Free $560 103 72092530 STRIPS OF FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 116 72092890 OTHR FLT RLD PRDCTS NOT IN COILS NOT FRTHR WRKD THN COLD RLD OF THCKNS 0.5MM Free $560 117 72099000 OTHERS Free $560 FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF 600 MM OR MORE, CLAD, PLATED OR COATED 118 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 $643 119 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 $643 120 72104100 CORUGATD PRDCTS,OTHRWS PLTD/COATD WTH ZINC Free $643 121 72104900 OTHR PRDCTS OF IRON/NON-ALLOY STEEL OTHERWISE PLTD/COTD WTH ZINC Free $643 122 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Free $560 138 72259100 FLT ROLD PRDCTS OF OTHER ALLOY STEEL ELECTOOLITICALLY PLTD/COTD WTH ZINC Free $643 139 72259200 FLT ROLD PRDCTS OF OTHER ALLOY STEEL OTHRWSE PLTD/COTD WTH ZINC Free $643 140 72259900 OTHER FlT-RLD PRDCTS OF OTHER ALLOY-STEEL Free $752 FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF LESS THAN 600 MM, CLAD, PLATED OR COATED 141 72121010 OTS/MRTYPE Free $752 142 72121090 OTHERS Free $752 143 72122010 CORRUGATED FLT-RLD PRDCTS OF IRON/NON ALOY STL OF WIDTH 600MM ELECTCLY PLATED /COTD WTH ZINC Free $643 144 72122090 OTHR FLT-RLD PRDCTS OF IRON/NON ALOY S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 160 72139920 OTHER BARS AND RODS OF FREE CUTING STEEL COLD HEADING QUALITY Free $451 161 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 162 72141090 OTHER FORGED BAKS AND RODS Free $449 163 72142010 SPRING STEEL QUALITY Free $449 164 72142090 OTHERS Free $451 165 72149910 SPRING STEEL QUALITY Free $449 166 72149990 OTHERS Free $451 BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF OTHER ALLOY STEEL. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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