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Minimum Import Price Imposed on Synthetic Knitted Fabrics

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The Indian government has taken a significant step to support domestic manufacturers of synthetic knitted fabrics by implementing a minimum import price (MIP). This policy aims to create a more level playing field for Indian producers facing competition from cheaper imports. Key Points Effective Date: March 16, 2024 (immediate) Affected HS Codes: Specific HS codes … [Read more...] about Minimum Import Price Imposed on Synthetic Knitted Fabrics