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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: $16^{\text{th}}$ March 2024
Subject: Imposition of Minimum Import Price on Synthetic Knitted Fabrics up to $15^{\text{th}}$ 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 $15^{\text{th}}$ 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 |
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 $15^{\text{th}}$ September 2024. The existing 'Free' Import Policy, as it stands prior to the issuance of this Notification, shall be in effect starting from $16^{\text{th}}$ September 2024, unless expressly amended by subsequent notification.
This is issued with the approval of Minister of Commerce & Industry.
[Image omitted. See the official document.] (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)
