DGFT Imposes Minimum Import Price (MIP) for Soda Ash Under ITC Chapter 28 [Read Notification]

DGFT imposes a Minimum Import Price (MIP) of Rs. 20,108 per metric ton on soda ash imports, effective until June 30, 2025
DGFT - Directorate General of Foreign Trade - Minimum Import Price - Soda Ash - MIP - Government of India - taxscan

The Government of India, through the Ministry of Commerce & Industry, issued Notification No. 46/2024-25 dated December 30, 2024, announcing a Minimum Import Price ( MIP ) for soda ash imports. The Directorate General of Foreign Trade ( DGFT ) aims to regulate imports under Chapter 28 of the ITC (HS) 2022 Schedule I (Import Policy).

As per the notification, the MIP is set at Rs. 20,108 per Metric Ton (CIF value) for disodium carbonate (dense and light) and other soda ash variants. Imports below this price will be restricted, while those meeting or exceeding the MIP will continue to be allowed.

ITC (HS) CodeItem DescriptionRevised Import Policy
28362010Disodium carbonate, denseRestricted, but allowed if CIF value is Rs. 20,108 or above per MT
28362020Disodium carbonate, lightRestricted, but allowed if CIF value is Rs. 20,108 or above per MT
28362090OtherRestricted, but allowed if CIF value is Rs. 20,108 or above per MT

This policy will remain in effect until June 30, 2025, after which the previous “Free” import policy will resume unless a new notification extends or modifies the rule.

The notification has been issued with the approval of the Minister of Commerce & Industry. For additional details, stakeholders can reach out to the DGFT at dgft@nic.in.

Extract from the Notification

Subject: Imposition of Minimum Import Price (MIP) on import of Soda Ash covered under Chapter 28 of ITC (HS) 2022, Schedule I (Import Policy) — regarding.

S.O. (E): In exercise of powers conferred by Section 3, read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, and in accordance with paragraphs 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, as amended from time to time, the Central Government hereby revises the Import Policy and Import Policy Condition of the following ITC (HS) Codes covered under Chapter 28 of ITC (HS) 2022, Schedule-I (Import Policy), up to 30th June 2025, as under:

ITC (HS) CodeItem DescriptionExisting Import PolicyRevised Import PolicyExisting Policy ConditionRevised Policy Condition
28362010Disodium carbonate, denseFreeRestrictedNoneImport is ‘Free’ if CIF value is ₹20,108 or above per MT
28362020Disodium carbonate, lightFreeRestrictedNoneImport is ‘Free’ if CIF value is ₹20,108 or above per MT
28362090OtherFreeRestrictedNoneImport is ‘Free’ if CIF value is ₹20,108 or above per MT
  1. The existing “Free” Import Policy, as it stood prior to the issuance of this notification, shall resume starting from 1st July 2025, unless expressly amended by subsequent notification.

Effect of the Notification:

The Minimum Import Price (MIP) of Rs. 20,108 per Metric Ton is imposed on Disodium Carbonate (Soda Ash) covered under Chapter 28 of ITC (HS) 2022, Schedule-I (Import Policy), up to 30th June 2025.

This is issued with the approval of the Minister of Commerce & Industry.

(Signed)
Santosh Kumar Sarangi
Director General of Foreign Trade
Ex-officio Additional Secretary to the Government of India

Email: dgft@nic.in

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