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) Code | Item Description | Revised Import Policy |
28362010 | Disodium carbonate, dense | Restricted, but allowed if CIF value is Rs. 20,108 or above per MT |
28362020 | Disodium carbonate, light | Restricted, but allowed if CIF value is Rs. 20,108 or above per MT |
28362090 | Other | Restricted, 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) Code | Item Description | Existing Import Policy | Revised Import Policy | Existing Policy Condition | Revised Policy Condition |
28362010 | Disodium carbonate, dense | Free | Restricted | None | Import is ‘Free’ if CIF value is ₹20,108 or above per MT |
28362020 | Disodium carbonate, light | Free | Restricted | None | Import is ‘Free’ if CIF value is ₹20,108 or above per MT |
28362090 | Other | Free | Restricted | None | Import is ‘Free’ if CIF value is ₹20,108 or above per MT |
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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