{"id":1043,"date":"2026-10-03T10:23:55","date_gmt":"2026-10-03T10:23:55","guid":{"rendered":"https:\/\/dgftexim.com\/blog\/?p=1043"},"modified":"2026-10-03T10:23:56","modified_gmt":"2026-10-03T10:23:56","slug":"dgft-mip-virgin-multi-layer-paper-board-extended-2027","status":"publish","type":"post","link":"https:\/\/dgftexim.com\/blog\/dgft-mip-virgin-multi-layer-paper-board-extended-2027\/","title":{"rendered":"DGFT Extends Minimum Import Price (MIP) on Virgin Multi-Layer Paper Board Till 31 March 2027"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The <strong>Directorate General of Foreign Trade (DGFT)<\/strong> has extended the <strong>Minimum Import Price (MIP)<\/strong> condition applicable to specified <a href=\"https:\/\/advanceauthorisation.in\/\" data-type=\"link\" data-id=\"https:\/\/advanceauthorisation.in\/\"><strong>Virgin Multi-Layer Paper Board (VPB)<\/strong> <\/a>imports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As per <strong>DGFT Notification No. 38\/2026-27 dated 30 September 2026<\/strong>, the existing <strong>MIP of \u20b967,220 per MT on CIF value<\/strong> has been extended up to <strong>31 March 2027<\/strong>. The notification covers specified products under Chapter 48 of ITC (HS), 2022, Schedule-I (Import Policy).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is Minimum Import Price (MIP) and Which Products Are Covered?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/dgftexim.com\/\" data-type=\"link\" data-id=\"https:\/\/dgftexim.com\/\"><strong>Minimum Import Price (MIP)<\/strong> <\/a>is a prescribed minimum value applicable to specified imported goods under the relevant <strong>import policy conditions<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As per the notification, the applicable <strong>MIP for Virgin Multi-Layer Paper Board (VPB) is \u20b967,220 per MT on CIF value<\/strong>. Importers dealing with the specified products should consider this requirement while planning <strong>import transactions and costing<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The notification covers the following <strong>HS Codes<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>48059100<\/strong><\/li>\n\n\n\n<li><strong>48059200<\/strong><\/li>\n\n\n\n<li><strong>48059300<\/strong><\/li>\n\n\n\n<li><strong>48109200<\/strong><\/li>\n\n\n\n<li><strong>48109900<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Importers should verify the <strong><a href=\"https:\/\/factorystuffing.com\/\" data-type=\"link\" data-id=\"https:\/\/factorystuffing.com\/\">correct HS classification<\/a><\/strong> of their products before finalising an import transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>MIP condition has been extended up to 31 March 2027<\/strong>. The notification also states that <strong>all other terms and conditions<\/strong> of the earlier notification will remain unchanged.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"939\" height=\"470\" src=\"https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-12.png\" alt=\"Minimum Import Price (MIP) of \u20b967,220 per MT on CIF value for specified Virgin Multi-Layer Paper Board (VPB), covering HS Codes 48059100, 48059200, 48059300, 48109200 and 48109900, extended until 31 March 2027.\" class=\"wp-image-1047\" srcset=\"https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-12.png 939w, https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-12-300x150.png 300w, https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-12-767x384.png 767w\" sizes=\"auto, (max-width: 939px) 100vw, 939px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">MIP Extended Till 31 March 2027<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>MIP condition<\/strong> has been extended for a further period of six months, up to <strong>31 March 2027<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As stated in the notification, <strong>all other terms and conditions<\/strong> of the earlier notification will remain unchanged.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"939\" height=\"470\" src=\"https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-10.png\" alt=\"DGFT announces extension of Minimum Import Price (MIP) on Virgin Multi-Layer Paper Board until 31 March 2027. The image states that all other terms and conditions of the earlier notification remain unchanged\" class=\"wp-image-1045\" srcset=\"https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-10.png 939w, https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-10-300x150.png 300w, https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/image-10-767x384.png 767w\" sizes=\"auto, (max-width: 939px) 100vw, 939px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The extension of the <strong><a href=\"https:\/\/dgftexim.com\/\" data-type=\"link\" data-id=\"https:\/\/dgftexim.com\/\">Minimum Import Price on Virgin Multi-Layer Paper Board<\/a><\/strong> is an important <strong>DGFT import policy update<\/strong> for affected importers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses dealing with the specified <strong>HS Codes<\/strong> should review the applicable <strong>MIP of \u20b967,220 per MT on CIF value<\/strong> and consider the requirement while planning their import transactions and compliance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/38e-1-1.pdf\" data-type=\"link\" data-id=\"https:\/\/dgftexim.com\/blog\/wp-content\/uploads\/2026\/10\/38e-1-1.pdf\">Notification No. 38\/2026-27 dated 30 September 2026.<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Directorate General of Foreign Trade (DGFT) has extended the Minimum Import Price (MIP) condition applicable to specified Virgin Multi-Layer Paper Board (VPB) imports. As per DGFT Notification No. 38\/2026-27 dated 30 September 2026, the existing MIP of \u20b967,220 per MT on CIF value has been extended up to 31 March 2027. The notification covers&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,57],"tags":[159,50,678,345,608,172,560,593,392,405,668,677,674,675,676],"class_list":["post-1043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-dgft-updates","category-daily-update","tag-cif-value","tag-dgft","tag-dgft-notification-38-2026-27","tag-dgft-updates","tag-exim-compliance","tag-import-compliance","tag-import-policy","tag-importers","tag-itc-hs-2022","tag-minimum-import-price","tag-mip","tag-paper-board-import","tag-paper-board-import-india","tag-virgin-multi-layer-paper-board","tag-vpb"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DGFT MIP on Virgin Multi-Layer Paper Board Extended Till 31 March 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