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FOREIGN TRADE NOTIFICATION
2016-17

Notification No. 20 /2015-2020i, Dated: 4th 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

72,272,000

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

72279090

OTHER BARS AND RODS,HT-RLLD IN IRREGURARLY WOUND COILS OF OTHR ALLOY STEEL Free $ 455