Government Extends Minimum Import Price on Multi-Layer Paper Board until September 30.

Government Extends Minimum Import Price on Virgin Multi-Layer Paper Board

The Indian government has announced the extension of the minimum import price on virgin multi-layer paper board, a crucial raw material used in various industries, until September 30, 2026, as per a recent notification.

This move comes after the initial imposition of the Minimum Import Price (MIP) in August 2025. The MIP was set at INR 67,220 per MT on the Cost, Insurance, and Freight (CIF) value. The extension of the MIP will be in effect up to September 30, 2026, as stated in the notification by the Directorate General of Foreign Trade.

Virgin multi-layer paper board is a versatile product used in the packaging of various products, including pharmaceuticals, FMCG products, food and beverages, electronics, high-end cosmetics, liquor, book covers, and publishing. The imposition of the MIP is aimed at regulating imports and protecting domestic industries that rely on this raw material.

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Below the current MIP, imports of virgin multi-layer paper board would not be allowed, further emphasizing the government's efforts to regulate the import of this critical raw material.