NOTIFICATION NO. 20/2016, DT. 04/08/2016
- Document type
- Circular
- Dated
Continuation of Minimum Import Price (MIP) on 66 HS Codes of Iron and Steel under Chapter 72 of ITC (HS), 2012
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
| 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 | 72272000 | 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 | 72279040 | OTHER BARS AND RODS,HT-RLLD IN IRREGURARLY WOUND COILS OF OTHR ALLOY STEEL | Free | $ 455 |
(Pl. refer NOTIFICATION NO. 30/2016, DT. 04/10/2016 Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby extends the applicability of Minimum Import Price (MIP) beyond 04/10/2016 on specified above for further two months, i.e., till 4th December, 2016)