| India to test imported synthetic knitted fabrics post MIP imposition
21 Mar 24 2 min read
Insights
- Indian Department of Customs has mandated testing for imported knitted fabrics following the imposition of a $3.50 per kg minimum import price on certain HS codes.
- This action addresses industry concerns about potential HS code manipulation to bypass import restrictions.
- It aims to prevent misdeclaration and ensure compliance with import policies.
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