India imposes Minimum Import Prices (MIP) on Virgin Multi Layer Paper Board

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has tightened import conditions for certain paper and paperboard products by amending the Import Policy under Chapter 48 of ITC HS, 2022. Through Notification No. 26/2025-26 issued on August 22, 2025, the government has made compulsory registration under the Paper Import Monitoring System (PIMS) mandatory for specified HS codes and imposed a Minimum Import Price (MIP) of INR 67,220 per MT on Virgin Multi-layer Paper Board (VPB) imports till March 31, 2026.

Effect of the Notification:

The government has effectively imposed a Minimum Import Price (MIP) of INR 67,220 per MT (CIF value) for import of Virgin Multi-layer Paper Board (VPB) falling under HS Codes 48059100, 48059200, 48059300, 48109200 and 48109900, which will remain in force until 31st March 2026.

This measure aligns with the government’s approach to regulate imports of certain paper products, ensure fair trade practices, and support the domestic paper industry while monitoring inflow through PIMS.