The notification amends the import policy for Synthetic Knitted Fabrics under ITC (HS) 60053600. The import policy for this specific code remains ‘Restricted’ but permits ‘Free’ import if the CIF value is as per existing Minimum Import Price (MIP) condition. It also introduces an exemption i.e. the MIP condition no longer applies to fabrics falling within the 28 to 48 grams per square meter (GSM) weight range.