By Harsh Ashar January 13, 2025

Imposition of Minimum Import Price (MIP) on import of Soda Ash covered under Chapter 28 of ITC (HS) 2022, Schedule -I (Import Policy).

The Central Government has announced a revision to the Import Policy for certain ITC (HS) codes under Chapter 28 of the ITC (HS) 2022, Schedule-I. This change has been made in exercise of powers under the Foreign Trade (Development & Regulation) Act, 1992 and the Foreign Trade Policy (FTP) 2023.

These revised import conditions will remain in effect until 30th June 2025.

ITC (HS) CODE	ITEM DESCRIPTION	EXISTING IMPORT POLICY	REVISED IMPORT POLICY	EXISTING POLICY CONDITION	REVISED POLICY CONDITION
28362010	Disodium carbonate, dense	Free	Restricted	–	However, import is Free if CIF value is Rs. 20,108 or above per MT
28362020	Disodium carbonate, light	Free	Restricted	–	However, import is Free if CIF value is Rs. 20,108 or above per MT
28362090	Other	Free	Restricted	–	However, import is Free if CIF value is Rs. 20,108 or above per MT

2. The existing ‘Free’ Import Policy, as it stands prior to the issuance of this Notification, shall be in effect starting from 1^st July 2025, unless expressly amended by subsequent notification.

Effect of the notification: Minimum Import Price (MIP) of Rs. 20,108 per MT is imposed on Disodium Carbonate (Soda Ash) covered under Chapter 28 of ITC (HS) 2022, Schedule – 1 (Import Policy), up to 30^th June 2025.