Import of Synthetic Knitted Fabrics ‘Free’ if CIF value is $3.5 or above per Kg: The notification extends the Minimum Import Price (MIP) condition on four specific ITC (HS) codes of synthetic knitted fabrics until 31stMarch 2026. The import policy for these synthetic knitted fabrics is classified as “Restricted.” However, a provision allows for “Free” import if the Cost, Insurance, and Freight (CIF) value of the imported goods is 3.5 US Dollars and above per kilogram. (DGFT Notification 05/2025 Dated 23/04/2025)