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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., DGFT Notification No. 20/2015-2020, 04-08-2016



Date: 04-08-2016
Notification No: DGFT Notification No. 20/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: F.No.01/89/180/Moni-5852/AM-03/Vol.-VI/PC-2 (A)
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.

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
       

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