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FOREIGN TRADE NOTIFICATION
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Body Notification No. 77/2023, Dated 16th March, 2024

Subject: Imposition of Minimum Import Price on Synthetic Knitted Fabrics up to 15th September 2024 -reg

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 Centra) 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(lmport Policy), for the period up to 15th September 2024 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 15th September 2024. 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 Additional Secretary, Government of India

E-mail: dgft@nic.in

(F.No, 01/89/180/Misc-39/AM-05/PC-2[A]/E-1425)