Minimum Import Price of ₹67,220 per MT on Virgin Multi-layer Paper Board extended up to 31 March 2027: DGFT Notification No. 38/2026-27
DGFT has extended the Minimum Import Price condition on Virgin Multi-layer Paper Board (five ITC (HS) codes under Chapter 48) for six months, up to 31 March 2027. The MIP stays at ₹67,220 per MT on CIF value, with all other terms as in Notification No. 26/2025-26 dated 22 August 2025.
Key facts
- In force
- MIP condition extended up to 31 March 2027
- Who it affects
- Importers of Virgin Multi-layer Paper Board, paper and packaging manufacturers, customs brokers
- What it is
- Extended
- Section
- Foreign Trade
- Published
- 30 September 2026
In 30 seconds
- Notification No. 38/2026-27 is dated 30 September 2026.
- MIP of ₹67,220 per MT on CIF value continues on imports of Virgin Multi-layer Paper Board (VPB).
- ITC (HS) codes covered: 48059100, 48059200, 48059300, 48109200 and 48109900.
- The condition is extended for six months, up to 31 March 2027.
- All other terms and conditions remain as in Notification No. 26/2025-26 dated 22 August 2025.
हिंदी में सार
DGFT ने Notification 38/2026-27 (30 सितंबर 2026) से Virgin Multi-layer Paper Board के आयात पर ₹67,220 प्रति MT (CIF) की Minimum Import Price की शर्त छह महीने के लिए, 31 मार्च 2027 तक बढ़ा दी है। यह ITC (HS) कोड 48059100, 48059200, 48059300, 48109200 और 48109900 पर लागू है। बाक़ी शर्तें Notification 26/2025-26 वाली ही रहेंगी।
What has been notified
By Notification No. 38/2026-27 dated 30 September 2026, issued under sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy 2023, the Central Government has extended the Minimum Import Price (MIP) condition on specific items covered under Chapter 48 of ITC (HS), 2022, Schedule-I (Import Policy).
The extension runs up to 31 March 2027. The notification states its effect in plain terms: the MIP of ₹67,220 per MT on Cost, Insurance and Freight (CIF) value, imposed on import of Virgin Multi-layer Paper Board (VPB), has been extended for a period of six months.
Items covered
| Item | ITC (HS) codes | MIP (CIF) | In force up to |
|---|---|---|---|
| Virgin Multi-layer Paper Board (VPB) | 48059100, 48059200, 48059300, 48109200, 48109900 | ₹67,220 per MT | 31 March 2027 |
The earlier notifications it continues
The notification is issued in continuation of three earlier notifications, read with Policy Circular No. 04/2025-26:
- Notification No. 26/2025-26 dated 22 August 2025;
- Notification No. 69/2025-26 dated 31 March 2026;
- Notification No. 14/2026-27 dated 30 April 2026.
All other terms and conditions remain the same as in Notification No. 26/2025-26 dated 22 August 2025. This notification does not change the price, the list of codes or any condition; it changes only the period.
It is issued with the approval of the Minister of Commerce & Industry.
What importers should do
- If you import paper board under any of the five codes above, check that the CIF value of each consignment is in line with the MIP of ₹67,220 per MT for imports up to 31 March 2027.
- For the conditions attached to the MIP, refer to Notification No. 26/2025-26 dated 22 August 2025, whose terms continue to apply.
Questions and answers
What is the Minimum Import Price on Virgin Multi-layer Paper Board?
₹67,220 per MT on Cost, Insurance and Freight (CIF) value, as recorded in DGFT Notification No. 38/2026-27 dated 30 September 2026.
Which HS codes are covered?
ITC (HS) codes 48059100, 48059200, 48059300, 48109200 and 48109900.
Till when does the MIP apply?
The MIP condition has been extended for a period of six months, up to 31 March 2027.
Have the conditions changed?
No. All other terms and conditions remain the same as in Notification No. 26/2025-26 dated 22 August 2025.
Published 30 September 2026. Updated 9 October 2026. This report is for general information and is not professional advice. Read the source document before acting on it.