The DGFT, through Notification No. 46/2025-26 dated October 21, 2025, has partially amended the import policy for Synthetic Knitted Fabrics under ITC (HS) Code 60053600. While imports remain “Restricted,” they are permitted freely if the CIF value is USD 3.5 per kg or above. However, fabrics with a weight between 28 to 48 GSM are exempted from this Minimum Import Price (MIP) condition. MIP conditions for other HS codes under Notification No. 05/2025-26 dated 23.04.2025 remain unchanged. Additionally, imports by Advance Authorisation holders, EOUs, and SEZ units are exempt from the MIP, provided inputs are not sold in the DTA.
In exercise of powers conferred by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2023, as amended from time to time, the Central Government had imposed Minimum Import Price (MIP) on certain ITC (HS) Codes of Synthetic Knitted Fabrics vide Notification No. 77/2023 dated 16.03.2024, Notification No. 33/2024-25 dated 01.10.2024, Notification No. 49/2024-25 dated 04.01.2025 and Notification No. 05/2025-26 dated 23.04.2025.
Now in partial modification in Notification No 5/2025-26 dated 23.04.2025, it has been decided by the Central Government to revise import policy of ITC (HS) Code 60053600 as under:
| ITC (HS) Code | Item Description | Import Policy | Existing Policy Condition | Revised Policy Condition |
| 60053600 |
Of synthetic fibres: — Other, unbleached or bleached |
Restricted |
However, Import is ‘Free’ if CIF value is 3.5 US Dollar and above per Kilogram |
Import is ‘Free’ if CIF value is 3.5 US Dollar and above per Kilogram. However, Import of fabrics falling within the 28 to 48 grams per square meter (GSM) range is exempted from the above Minimum Import Price (MIP) condition |
The MIP condition on other HS Codes notified under Notification No. 05/2025-26 dated 23.04.2025 shall remain unchanged. Further inputs imported by Advance Authorisation holders, Export Oriented Units and units in SEZ shall be exempted from MIP condition subject to condition that the imported inputs are not sold into Domestic Tariff Area (DTA).
Effect of this Notification: Import of Synthetic Knitted Fabrics under ITC (HS) Code 60053600 shall remain “Restricted” and subject to MIP condition of USD 3.5/kg, except for fabrics falling within the 28 to 48 grams per square meter (GSM) range.
The Notification can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/10/Notification-No.-46-English_0001.pdf
