
The Government has extended the Minimum Import Price (MIP) on Virgin Multi-Layer Paper Board until 30 September 2026, as per the PTI reports.
The Directorate General of Foreign Trade (DGFT) issued the notification confirming the continuation of the measure. The price threshold remains at ₹67,220 per metric tonne on a cost, insurance and freight (CIF) basis. The MIP was first brought in during August 2025.
The latest order retains the earlier price benchmark without revision. Imports below ₹67,220 per MT will continue to be restricted under the existing framework.
The extension does not alter the scope, classification, or valuation method applied when the MIP was first introduced.
Shipments priced under the notified level are not permitted entry. The rule effectively sets a floor for import values of virgin multi-layer paper board.
Customs clearance remains linked to the declared CIF value meeting or exceeding the prescribed threshold.
Virgin multi-layer paper board is used in packaging across sectors such as pharmaceuticals, fast-moving consumer goods, and food and beverages.
It is also used in electronics packaging and in higher-end segments including cosmetics and liquor cartons. In addition, the material is used for book covers and other publishing-related applications.
The MIP was imposed in August 2025 through a DGFT notification. At the time, the government fixed the minimum import value at ₹67,220 per MT.
The current extension continues the same framework for a further period of just over 1 year, with no structural changes.
Read More: RBI Updates NBFC Framework; Exempts Small Entities from Registration Requirement!
The extension keeps the existing import condition in force until end-September 2026, with the minimum import price unchanged at ₹67,220 per metric tonne.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 4, 2026, 1:43 PM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
