The Minimum Import Price (MIP) for Virgin Multi-layer Paper Board (VPB), was set at INR 67,220 per metric ton on a Cost, Insurance, and Freight (CIF) basis until 31st March 2026. DGFT has clarified that the MIP does not apply to imports of VPB by 100% Export Oriented Units (EOUs) and units operating in Special Economic Zones (SEZs). This exemption is valid as long as the imported goods are not sold within the Domestic Tariff Area (DTA). Furthermore, imports under the Advance Authorization or Duty-Free Import Authorization (DFIA) schemes are also exempt from the MIP restriction.
