DGFT Extends MIP on Virgin Multi-Layer Paper Board Imports

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has issued Notification No. 69/2025-26 dated March 3, 2026, extending the Minimum Import Price (MIP) condition on imports of Virgin Multi-Layer Paper Board (VPB) for a further period of one month, up to April 30, 2026.

The decision comes as part of the government’s ongoing efforts to regulate imports and protect domestic paper manufacturers from cheaper inbound shipments.

Key highlights of the notification

• MIP of Rs. 67,220 per metric tonne (CIF value) continues
• Applies to VPB imports under multiple ITC (HS) codes including 48059100, 48059200, 48059300, 48109200 and 48109900
• Extension is valid from March 31, 2026 to April 30, 2026
• All other conditions from the earlier notification remain unchanged

This means importers cannot bring in these paper board products below the prescribed price threshold.

The MIP mechanism is used to prevent dumping and ensure fair pricing in the domestic market. Industry stakeholders have raised concerns in the past about low-cost imports affecting local manufacturers, particularly in the packaging and paperboard segment.

Virgin Multi-Layer Paper Board is widely used in packaging for FMCG products, pharmaceuticals, and consumer goods. Any sharp increase in low-priced imports can impact domestic production and pricing dynamics.

Industry and market impact

• Domestic manufacturers are likely to benefit from price protection
• Importers may face cost pressures due to the price floor
• End-user industries such as packaging may see marginal cost implications
• Short-term extension indicates the government is closely monitoring market conditions

Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates