To be Published in the Gazette
of India Extraordinary Part-II, Section - 3, Sub-Section (ii)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Notification No. 77/2023
New Delhi, Dated: 16th March 2024
Subject: Imposition of Minimum Import Price on Synthetic Knitted Fabrics up to 15th September 2024 -reg
S.O.: In exercise of powers conferred by Section 3 read with Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy. 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 under Chapter 60 of ITC (HS) 2022, Schedule-I (Import Policy), for the period up to 1[31st December 2024] [helldodold[15th September 2024]helldod] as under:
| ITC (HS) Code | Item Description | Import Policy | Revised Import Policy | Existing Policy condition | Revised Policy condition |
| 60063100 | -Of synthetic fibres :-Unbleached or bleached | Free | Prohibited | - | However, import is 'Free' if CIF value is 3.5 US Dollar and above per Kilogram |
| 60063200 | -Of synthetic fibres :- Dyed | Free | Prohibited | - | However, import is 'Free' if CIF value is 3.5 US Dollar and above per Kilogram |
| 60063300 | -Of synthetic fibres:- Of yarns of different colours | Free | Prohibited | - | However, import is `Free' if CIF value is 3.5 US Dollar and above per Kilogram |
| 60063400 | -Of synthetic fibres : -- Printed | Free | Prohibited | - | However, import is 'Free' if CIF value is 3.5 US Dollar and above per Kilogram |
| 60069000 | --Other | Free | Prohibited | - | However, import is 'Free' if CIF value is 3.5 US Dollar and above per Kilogram |
2. The existing 'Free' Import Policy. as it stands prior to the issuance of this Notification, shall be in effect starting from 16th, September 2024, unless expressly amended by subsequent notification.
Effect of the Notification: Minimum Import Price of US Dollar 3.50 per Kilogram is imposed on (5) specific Synthetic Knitted Fabric ITC (HS) Codes for the period up to 1[31st December 2024] [helldodold[15th September 2024]helldod]. The existing 'Free' Import Policy, as it stands prior to the issuance of this Notification, shall be in effect starting from 16th September 2024, unless expressly amended by subsequent notification.
This is issued with the approval of Minister of Commerce & Industry.
(Santosh Kumar Sarangi)
Director General of Foreign Trade &
Ex- officio Addl. Secretary to the Government of India
E-mail: dgft@nic.in
(F.No. 01/89/180/Misc-39/AM-05/PC-2 [A] /E-1425)
1. Substituted Vide Notification No. 33/2024-25 Dated 01.10.2024