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TIOL-DDT 2781 · Monday, 8 February 2016 · story 4 of 7

Minimum Import Price on Iron & Steel

By Vijay Kumar

THE Central government has introduced Minimum Import Price (MIP) against 173 HS Codes under Chapter 72 of ITC (HS), 2012. This measure is purportedly to support the domestic industry.

DGFT Notification 38/2015-2020, dated February 5, 2016